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Vitol announces long-term LNG time charter contract with H-Line

Global energy and commodities company Vitol and Korean shipping company H-Line Shipping have announced a 10-year time charter agreement for a newbuild, latest generation LNG carrier.

The 174,000 cm vessel is to be built at Korea’s Hyundai Samho Heavy Industries (HSHI) and is due for delivery in late 2021. Vitol also holds extension options and the ability to exercise additional LNG carriers to support its further growth in the LNG industry through this partnership with H-line.

News Item details


Journal title: Petroleum Review

Countries: Korea -

Subjects: Liquefied natural gas, Shipping, LNG carriers

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