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Hoegh and Mitsui Order Onboard Regas Vessels

Norway’s Hoegh LNG and Japan’s Mitsui O.S.K. Lines together have agreed to purchase two onboard regasification vessels from South Korea’s Samsung Heavy Industries, and may order a third ship as well. Suez Energy will use the vessels on a long-term charte
April 11, 2006

Norway’s Hoegh LNG and Japan’s Mitsui O.S.K. Lines together have agreed to purchase two onboard regasification vessels from South Korea’s Samsung Heavy Industries, and may order a third ship as well. Suez Energy will use the vessels on a long-term charter to transport LNG to its planned Neptune LNG facility offshore Boston. Hoegh says that there “will always be one ship at the [Neptune] terminal to provide constant flow of gas.” Details of the deal are in yesterday’s Platts LNG Daily. [Subscription required]

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