Newbuild AWILCO LNG Carrier Sold to Teekay, Chartered Back

Maritime Activity Reports, Inc.

December 10, 2013

LNG carrier photo courtesy of AWILCO

LNG carrier photo courtesy of AWILCO

AWILCO LNG ASA say that their second 156,000 cbm Tri-Fuel Diesel Electric powered newbuilding 'WilPride', has been delivered from South Korea by Daewoo Shipbuilding & Marine Engineering Co., Ltd., (DSME) prior to the following business transactions:

The vessel, according to AWILCO was subsequently sold to Teekay LNG Partners L.P., and bareboat chartered back by Awilco LNG for a period of four years plus a one-year extension option in AWILCO LNG’s favor.

About AWILCO LNG
AWILCO LNG is a Norwegian based pure play LNG transportation provider, owning and operating LNG vessels intended for international trade. The Company currently owns two 156,000 cbm DFDE membrane LNG vessels; WilForce and WilPride, and three 125,000 cbm steam Moss type LNG vessels; WilGas, WilPower and WilEnergy.

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