Japanese shipowner K Line has signed a long-term time charter for a single LNG carrier newbuilding with trader Mitsubishi Corp’s Singapore-based company Diamond Gas International (DGI).

K Line said on Monday that it signed a 15-year deal on the vessel on 12 May.

K Line named as owner behind two-ship LNG carrier order at SHI
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The contract includes an option to extend the deal by up to 10 years.