On a quest to expand its maritime operations by enlarging its fleet, Dubai-based independent energy and commodities trading group BGN has sealed a long-term liquefied natural gas (LNG) carrier (LNGC) charter with an affiliate of Capital Clean Energy Carriers (CCEC).
BGN signs JV with CCEC for LNG carrier; Courtesy of BGN
BGN has partnered with CCEC in a joint venture company, BM Capital, for the long-term charter and operation of the Amore Mio I LNG carrier, which is the Dubai-headquartered company’s first long-term ownership of an LNG vessel. The deal comprises a ten-year charter period, with the option to extend by six more years.
