Stena Bulk returns to promising LNG market

Stena Bulk has acquired the full responsibility for three LNG tankers that, according to the carrier, will form the basis for future projects in a market that bodes well for coming investors.

Swedish tanker carrier Stena Bulk has from January 1st acquired responsibility for the commercial operation and technical management of three LNG tankers from subsidiary Stena LNG. The deal covers three ships, one 145,500 dwt vessel from 2006 and two 173,000 dwt vessels from 2011. All the ships are chartered out for the newt two or three years under favorable conditions, as Stena Bulk says, and the carrier subsequently plans to charter the ships on medium or long term contracts.

The acquisition of the ships illustrates Stena Bulk's confidence in the LNG segment, says Erik Hånell, president and CEO, in a statement:

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