Hoegh LNG has won an extended time-charter for its 87,000-cbm LNG carrier Norman Lady (built 1973) for one to two years.

Charterer Gas Natural has agreed to pay “improved commercial terms” to Hoegh and MOL’s 50-50 joint venture Methane Carriers.

The fixture will kick off from September. It is expected to add $6.5 million to Hoegh’s pre-tax earnings in the first year and $8.7