CoolCo inks long-term charter deal with GAIL

LNG carrier pure-play Cool Company (CoolCo) has landed a 14-year charter deal with India’s top gas utility GAIL for one of its vessels under construction in South Korea. The New York and Oslo-listed owner and operator said the charter, starting in early 2025, comes with the option to extend by two additional years. The deal

CoolCo buying two LNG carriers newbuilds

LNG shipowner Cool Company (CoolCo) has exercised its option to acquire two newbuild LNG carriers from affiliates of EPS Ventures. CoolCo said that the Mega LNG carriers were scheduled to be delivered from Hyundai Samho Heavy Industries (HHI) in September and December of 2024. The two newbuilds have a cargo capacity of 174,000 cbm, a

CoolCo announces plans to add four LNG vessels to its fleet

LNG carrier owner Cool Company (CoolCo) has revealed plans to buy four vessels from Quantum Crude Tankers, an affiliate of Idan Ofer’s Eastern Pacific Shipping (EPS) and its largest shareholder. A spinoff of Tor Olav Trøim’s Golar LNG said it would pay around $660m for two modern two-stroke 174,000 cu m vessels Kool Firn and