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Tristar secures LNG shipping contract from BP

Dubai-based integrated energy logistics group Tristar has secured a contract from BP to provide LNG shipping services.

The four-year contract, valued at $24m, will cover a variety of LNG shipping services and comes after Tristar added its first LNG carrier Tristar Ruby to its fleet in December. The 2008-built vessel has a capacity of 155,000 cu m and will be technically managed by Wilhelmsen Ship Management and commercially operated by Tristar.

“We are pleased to be able to announce the value of our deal with BP, the first as we expand our presence into the LNG shipping market. This represents a strengthening of our relationship with BP, one of our core partners,” said Eugene Mayne, group CEO of Tristar.

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Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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