Exmar and Golar LNG advise that they have established a joint venture company to combine part of their open LNG shipping capacity and improve the service available to their customers in the short term LNG market.
The two companies, will each time charter selected owned vessels to the new venture, which will then offer them to the market. This will provide a base for expansion which may include third party tonnage.
It is intended that at least three vessels will be operating by the end of this year.
The new company will be in a position to offer 'new-to-the-LNG business' contracts of affreightment and interruptible employment arrangements that will enhance flexibility for customers, as well as improve efficiency.
The venture, which will operate from its own offices in London, commenced 25th October 2004.
For the time being contact should still be made through the UK Management Offices of Exmar and Golar LNG, at the following numbers:
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Exmar (UK) Shipping Co Ltd |
Golar Management Ltd |
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Moreau House, 116 Brompton Road |
30 Marsh Wall |
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London SW3 1JJ |
London E14 9TP |
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United Kingdom |
United Kingdom |
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Phone: +4420 7870 1300 |
+4420 7517 8600 |
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Fax : +4420 7225 1607 |
+4420 7517 8601 |
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e-mail gas@exmarshipping.co.uk |
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