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- by bloombergquint.com
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GAIL Signs Long-Term Agreement For LNG Ship Charter With Kawasaki Kisen
State gas utility GAIL (India) Ltd on Friday signed an agreement with Kawasaki Kisen Kaisha, Ltd for long-term charter hire of a newly built LNG ship. The pact was signed through the ship-owning company established in Singapore, GAIL said in a statement. The LNG ship will be a modern two-stroke vessel having a tank capacity of 1,74,000 cubic metres and will be built by Samsung Heavy Industries Co Ltd, Korea, with which the ship owning company has concluded a shipbuilding contract.