The 87,600-cbm Norman Lady (built 1973) is being sold togreen recyclers for an undisclosed price, the Oslo-listed company said in anexchange filing.
Methane Carriers, Hoegh LNG’s 50/50 joint venture with Japan’sMOL, will send the ship to the breakers when it comes off its latest charterwith Gas Natural, ending a run of 14 years with the Spanish energy firm.
Sveinung Stohle, Hoegh LNG's president and CEO, said:"We are very happy with this recycling transaction since it concludes appropriatelythe end of Norman Lady's long and successful trading life for both Hoegh LNGand MOL".
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