GDF SUEZ will charter an additional LNG carrier in 2012

abarrelfullabarrelfull wrote on 17 Jun 2011 05:20
Tags: gdf-suez lng

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GDF SUEZ has signed a time charter-party with the Japanese shipowner NYK Line for the LNG carrier Grace Acacia, for a 4-year period starting from summer 2012.

The Grace Acacia is co-owned by NYK Line and Mitsui and has been delivered from Hyundai shipbuilding yards in 2007. She is equipped with Mark III GTT cargo containment and has a capacity of 149 700 cu.m. The Grace Acacia was selected following a call for tender launched on 19th April and will help fulfill GDF SUEZ mid-term LNG trading needs.

This chartering agreement reinforces the partnership between NYK Line and GDF SUEZ as it comes in addition to existing fields of cooperation: co-ownership of the LNG carrier Gaselys (60% NYK Line, 40% GDF SUEZ), co-ownership of the ship management company Gazocean (80% GDF SUEZ, 20% NYK Line) and chartering for a six year period of the Grace Cosmos, a sister-ship of the Grace Acacia.

GDF SUEZ is the third largest LNG importer in the world and has a diversified portfolio of LNG supplies from six different countries, representing 16.5 MTPA1. GDF SUEZ is one of the leading LNG players in the world and the main LNG importer in Europe. It controls a fleet of 18 LNG carriers, representing a total capacity of 2.33 million cu.m LNG and has a significant presence in regasification terminals around the world.

GDF SUEZ develops its businesses around a model based on responsible growth to take up today’s major energy and environmental challenges: meeting energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: liquefied natural gas, energy efficiency services, independent power production and environmental services. GDF SUEZ employs 218,350 people worldwide and achieved revenues of €84.5 billion in 2010. The Group is listed on the Brussels, Luxembourg and Paris stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Stoxx 50, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, ASPI Eurozone and ECPI Ethical Index EMU.

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