BP seeks to lease LNG tanker for at least 9 months as day-rates rise

Reuters

Published Jun 21, 2018 16:50

Updated Jun 21, 2018 17:01

BP seeks to lease LNG tanker for at least 9 months as day-rates rise

LONDON (Reuters) - ** BP (LON:BP) Shipping on Thursday notified the liquefied natural gas (LNG) market of its interest in leasing the British Ruby or its sister vessel for a minimum of nine months from Dec-Q1 2019, according to a note seen by Reuters.

** BP invites expressions of interest for the LNG tanker by Friday.

** LNG charter day-rates are at multi-year peaks amid growing incentives to divert Atlantic-produced supply east as major consumers led by China ramp up imports, lengthening ship journey times and tightening availability of vessels.