Coolco announces exercise of purchase option for two 2-stroke lng carrier newbuilds

Vessels are amongst the few scheduled to deliver in 2024 still available for time charter employment acquisition price approximately 10% below current yard pricing, with 3-year earlier delivery cool company limited (nyse: clco / clco.ol “coolco” or the “company”) announces today that it has exercised its option to acquire two newbuild 2-stroke lng carriers from affiliates of eps ventures ltd (“eps”). the state-of-the-art mega lng carriers (the “newbuilds”) are scheduled to deliver from hyundai samho heavy industries (“hhi”) in korea in september and december of 2024.
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