Pursuant to the exercise of the option to acquire three LNG carriers from CGC Operating Corp. announced on 4 November 2021, the partnership took delivery of the LNG carrier Adamastos (174 000 CBM, latest generation X-DF LNG carrier built in 2021 by Hyundai Heavy Industries Co. Ltd) on 29 November 2021. The vessel was acquired for a total consideration of US$220.0 million comprised of US$76.9 million of cash at hand and the assumption of US$143.1 million of debt.
Sarah Smith
Assistant Editor
Sarah graduated from the University of Leeds with a BA in English Literature, including a year abroad at Freie Universität Berlin. She joined Palladian Publications in October 2019 and is currently working as an Assistant Editor.
In her spare time, Sarah enjoys reading, dancing and travelling.
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