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Total finds Indian charter for LNG carrier

Total finds Indian charter for LNG carrier

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Shipping Corporation of India has taken a 165,000 cu m LNG carrier on charter from France’s Total to haul gas for compatriot GAIL India. The three-year charter comes with an option to extend by another year. More than 30 companies bid for the tender with GAIL officials saying Total’s offer of $44,900 per day was lowest rate offered. The charter starts at the beginning of next year.

Total is chartering a ship it had taken on charter from Teekay, which it had originally intended to use for shipments from Yemen, a nation that has descended into a bitter war.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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