Awilco LNG seals new charter deal

Norway’s Awilco LNG has entered into a new charter agreement for 2013-built 156,000 cbm LNG carrier WilPride.

The charter is for a period of around 10 months, commencing at the end of June 2021 in direct continuation of the current charter.

Awilco’s other LNG carrier, WilForce, was chartered out in April for a period of around 12 months in a deal that will contribute an annualised EBITDA of about $18m.

Jon Skule Storheill, CEO of Awilco LNG, commented: “We are pleased to announce that WilPride is fixed on a contract at a considerably higher rate than the time charter contract announced for WilForce back in April 2021, showing the strength of the LNG market in 2021 and beyond.”

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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