ShippingWatch

Golar and Eastern Pacific put price on new gas carrier

New gas shipping line Cool Company, a joint venture between Eastern Pacific and Golar LNG, will have a market value of USD 375m, the parties disclose in connection with a capital raise.

Photo: UECC

Idan Ofer-controlled Eastern Pacific and Norwegian shipping line Golar LNG now put a price on their new joint-venture gas carrier, Cool Company.

The company is expected to begin at a market value of USD 375m, the parties disclose in connection with a private placement made to raise capital on the OTC stock exchange in Oslo.

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