This charter increases the company’s third-party charter revenue backlog, including options, to over US$285 million, securing additional long term sustainable cashflow for the group and shareholders over the next decade.
The Avenir Aspiration currently trades alongside the Avenir Ascension in the Northwest Europe performing small scale supply services and ship-to-ship bunkering operations as part of Avenir’s physical LNG trading division, Avenir Supply and Trading.
Jonathan Quinn, Managing Director of Avenir LNG, commented: “We are excited to be working with Eni to support their expansion into the LNG bunkering market. This transaction further solidifies Avenir as the trusted partner for modern and efficient small scale LNG vessels, as well as delivering on our strategy to facilitate the growth of LNG as a marine fuel globally. We look forward to embarking on this long-term relationship with Eni whom we will serve with the highest safety and operational standards which Avenir has come to be known for.”
