United Shipbuilding Corporation (USC) will participate in the construction of the fourth and fifth LNG tankers for Sovcomflot under the time-charter agreement of SCF Group and Gazprom Global LNG (GGLNG), a subsidiary of Gazprom, SCF”s President Sergey Frank said. The first tankers will be built by South Korean partner of USC – STX Offshore & Shipbuilding.
The agreement between SCF Group and GGLNG was signed on Friday in the framework of the St. Petersburg International Economic Forum. The long-term time charter provides for a minimum of 15 years’ employment for both vessels each of nearly 170,000 cubic meters cargo capacity, SCF said.