Basalt Infrastructure Partners (Basalt), an infrastructure investment firm, has announced the signing of an agreement to add a newbuild LNG Carrier into the Vanadis LNG platform, according to the company’s release. This brings the total number of vessels in the Vanadis platform to three.
Funds advised by Basalt Infrastructure Partners announce that an agreement has been signed to add a modern newbuild 180,000 CBM LNG carrier into its Vanadis LNG platform.
The vessel, scheduled for delivery in 2027, will be employed on a long-term, fixed time charter to Japanese energy company, JERA.
The vessel will be built at Samsung Heavy Industries and will be equipped with the latest X-DF propulsion system for enhanced fuel efficiency and reduced emissions.
The vessel will be managed and operated by Celsius Shipping, Basalt’s existing operating partner across its Vanadis and Freyja LNG portfolios.
Basalt says that it expects to “continue to grow the Vanadis LNG fleet over the coming months.”
John Hanna, partner and head of Europe at Basalt commented, “We are delighted to continue our successful partnership with Celsius with the addition of what will be Basalt’s sixth newbuild LNG vessel. We continue to view LNG as an important transitional fuel and key to supporting security of supply in global energy markets.”
