Awilco LNG Announces Delivery of WilPride and Contract Status Update

Awilco LNG ASA announced that the “WilPride”, the Company’s second 156,000 cbm Tri Fuel Diesel Electric powered newbuilding, was delivered from Daewoo Shipbuilding & Marine Engineering Co., Ltd., (DSME) of South Korea on 28 November. The vessel was delivered on budget and on time.

The vessel was subsequently sold to Teekay LNG Partners L.P., and bareboat chartered back by Awilco LNG for a period of four years plus a one-year extension option in Awilco LNG’s favor. The vessel has been fixed for its maiden voyage.

Awilco LNG, December 3, 2013