Tanker

Idan Ofer-owned carrier pays hundreds of millions for two new LNG ships

A crowded LNG market lacks available vessels, prompting the young gas tanker carrier Cool Company to exercise a purchase option on two large LNG vessels.
Idan Ofer rings the Closing Bell at the New York Stock Exchange in March this year, marking the IPO of Cool Company. | Photo: Pr-foto
Idan Ofer rings the Closing Bell at the New York Stock Exchange in March this year, marking the IPO of Cool Company. | Photo: Pr-foto
by DAG HOLMSTAD

The Idan Ofer-owned gas tanker operator Cool Company is reaching deep into its pockets to buy two large liquefied natural gas (LNG) carriers set for delivery by the end of 2024.

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