In
This agreement with Vitol solidifies Avenir’s position as a leading owner and operator of LNG bunker vessels. Concluding the charter on the first newbuild demonstrates the markets confidence in Avenir’s investment strategy as well as securing long term sustainable cashflow for the group and our shareholders over the next decade. This transaction increases the company’s third-party charter revenue backlog including options to over
Mr.
“We are pleased to be partnering with Vitol to support their LNG Bunkering business. This new charter agreement demonstrates a continued strengthening we are seeing in the market, and that Avenir continues to play a pivotal role in providing modern and efficient vessels to enable the growth of LNG as a marine fuel. We look forward starting this long-term relationship with Vitol who we will serve with the same safe, reliable and operationally excellent service that our customers have come to expect from Avenir.”
Mr.
“We are very pleased to have concluded this contract with Avenir, a leader in the provision of LNG Bunkering Vessels; thereby strengthening our LNG and Bio-LNG Bunkering offering to customers worldwide.”
About
Avenir is a leading midstream LNG & BioLNG company focussed on serving small scale demand for the maritime sector, industrial consumers, and power generation. We own and operate a fleet of 5 modern LNG Bunker and Supply Vessels with 2 vessels under construction and a small-scale LNG terminal in
Attachment
- Avenir Vitol Press Release - 030724
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