CoolCo ‘confident’ on securing term business for lone LNG newbuilding

LNG shipowner Cool Company is targeting term business of the second of its two newbuildings but said it is a “competitive market” at present.

On a results call, CoolCo chief executive Richard Tyrrell referenced Capital Clean Energy Carriers’ fixtures this month of two 2027-delivering newbuildings on five and seven-year charters from their deliveries.

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Brokers said the ships were fixed to TotalEnergies at rates of $86,000 to $87,000 per day.