Teekay LNG Partners, one of the world’s largest owners of LNG carriers, recently completed its Shell-chartered quartet with the delivery of the Pan Africa.
The partnership recently released a video of the fourth vessel in the series completing its sea trials following the construction at the Chinese Hudong-Zhonghua shipyard.
The partnership’s 20 percent-owned joint venture with China LNG Shipping, CETS Investment Management and BW LNG Investments, took delivery of the 174,000-cbm liquefied natural gas carrier newbuild in January.
Upon delivery, the Pan Africa immediately commenced its 20-year charter contract with Shell.
The vessel is the fourth and final Pan vessel joining the Teekay LNG’s fleet, alongside Pan Asia (2017) and Pan Americas (2018), and Pan Europe (2018).
The vessels, with TGP ownership of between 20-30 percent, operate under 20-year time charters for Shell.
LNG World News Staff