{"id":4114,"date":"2019-12-20T20:07:36","date_gmt":"2019-12-20T17:07:36","guid":{"rendered":"https:\/\/www.al-sindbad.net\/?p=4114"},"modified":"2019-12-20T20:07:38","modified_gmt":"2019-12-20T17:07:38","slug":"korea-line-pens-charter-with-shell-tankers-for-lng-carrier-duo","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/korea-line-pens-charter-with-shell-tankers-for-lng-carrier-duo\/4114\/","title":{"rendered":"Korea Line Pens Charter with Shell Tankers for LNG Carrier Duo"},"content":{"rendered":"<div class=\"content\">\n<p style=\"text-align: justify;\"><strong>Shipping company Korea Line Corporation (KLC), part of Samra Midas Group, has signed a time charter contract for two LNG carriers with Shell Tankers (Singapore) Private Limited.<\/strong><\/p>\n<p style=\"text-align: justify;\">The deal is worth KRW 358.2 billion (about USD 307.3 million), the company said in a stock exchange filing on December 20.<\/p>\n<p style=\"text-align: justify;\">As informed, Korea Line\u2019s two LNG carriers will work for Shell Tankers during a charter period of seven years starting August 31, 2022.<\/p>\n<p style=\"text-align: justify;\">The charter can be extended to up to 17 years if Shell Tankers exercises a contract option for up to two additional LNG tankers, the company added.<\/p>\n<p style=\"text-align: justify;\">The two LNG carriers are yet to be ordered, Yonhap News Agency cited Korea Line manager Park Jun-sang as saying. He didn\u2019t share any additional details.<\/p>\n<p style=\"text-align: justify;\">However, in a stock exchange filing dated December 19, KLC announced a KRW 438.5 billion investment in two 174,000 cbm LNG carriers. The ships are expected to be delivered by the end of October 2022.<\/p>\n<p style=\"text-align: justify;\">Korea Line has a fleet of more than 30 vessels comprising bulkers, tankers, LNG carriers and PCTC ships.<\/p>\n<p style=\"text-align: justify;\">World Maritime News Staff<\/p>\n<\/div>\n<div id=\"post_share_buttons\" style=\"text-align: justify;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shipping company Korea Line Corporation (KLC), part of Samra Midas Group, has signed a time charter contract for two LNG carriers with Shell Tankers (Singapore) Private Limited. The deal is worth KRW 358.2 billion (about USD 307.3 million), the company said in a stock exchange filing on December 20. As informed, Korea Line\u2019s two LNG &hellip;<\/p>\n","protected":false},"author":1,"featured_media":4117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20,58],"tags":[949,523],"class_list":["post-4114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-tanker-news","tag-korea","tag-lng"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/4114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=4114"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/4114\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/4117"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=4114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=4114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=4114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}