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Avenir LNG Secures 7-Year Charter for New LNG Bunker Vessel with Vitol
ByAinvest
Wednesday, Jul 3, 2024 4:02 am ET1min read
Avenir LNG Limited has signed a time charter agreement with Vitol International Shipping Pte. Ltd for the use of its first newbuild 20,000cbm LNG bunker vessel, with a 7-year term commencing in Q4 2026. This follows an earlier order of two LNG bunker vessels set for delivery in late 2026 and early 2027. This collaboration signifies Avenir's strategic positioning in the LNG bunker market and reinforces the market's confidence in Avenir's investment strategy, securing long-term revenue and cashflow.
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