Korea Line Corporation charters LNG bunkering tanker to Shell Western LNG

Korea Line Corporation charters LNG bunkering tanker to Shell Western LNG


Korea Line Corporation (KLC) has signed a contract on Friday (15 November) to charter a liquefied natural gas (LNG) bunkering tanker to Shell Western LNG BV on a long-term basis, it said in a corporate filing.

The KRW 48.2 billion (USD 41 million) contract will last for a total duration of about five years from January 31, 2022 to January 31, 2027, it notes in the short update.

KLC, which has not placed an order for the newbuilding yet, is expected to approach a shipyard for the project in due course and make another announcement once the order has been confirmed.



Published: 19 November, 2019
 

Oil Price

Top Ports Price $/mt Change High Low Spread
Singapore 000.00 000.00 000.00 000.00 000.00
Fujairah 000.00 000.00 000.00 000.00 000.00
Rotterdam 000.00 000.00 000.00 000.00 000.00
Hong Kong 000.00 000.00 000.00 000.00 000.00
Antwerp 000.00 000.00 000.00 000.00 000.00
Top Ports Price $/mt Change High Low Spread
Singapore 000.00 000.00 000.00 000.00 000.00
Fujairah 000.00 000.00 000.00 000.00 000.00
Rotterdam 000.00 000.00 000.00 000.00 000.00
Hong Kong 000.00 000.00 000.00 000.00 000.00
Antwerp 000.00 000.00 000.00 000.00 000.00
Top Ports Price $/mt Change High Low Spread
Singapore 000.00 000.00 000.00 000.00 000.00
Fujairah 000.00 000.00 000.00 000.00 000.00
Rotterdam 000.00 000.00 000.00 000.00 000.00
Hong Kong 000.00 000.00 000.00 000.00 000.00
Antwerp 000.00 000.00 000.00 000.00 000.00

Metcore: Understand TR48 on the use of MFM

Taking a homogeneous approach on MFM systems places both the buyer and the supplier under risk without proper insurance.

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