Höegh LNG executes 18-month interim time charter with Cheniere

Höegh LNG executes 18-month interim time charter with Cheniere Image: Höegh LNG (file)

Höegh LNG Holdings has entered into an interim time charter with US-based Cheniere Marketing International for the LNG carrier Höegh Galleon.

The time charter will commence in September 2019 after the delivery of the unit, Höegh LNG's tenth LNG carrier, from Samsung Heavy Industries.

The terms of the time charter ensure Höegh Galleon's availability to serve the AIE project in Port Kembla, Australia, where Höegh LNG is the FSRU provider on a back-to-back basis. AIE recently announced a contract to supply gas to its foundation customer from January 1, 2021.

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