Cool Company Ltd. Announces Time Charter
Cool Company Ltd. Common Shares (CLCO)
Company Research
Source: Business Wire
12-month charter adds to Company’s contracted backlogVessel to be converted to environmentally friendly LNGe specifications during charter period; innovative mechanism for lowering emissions and sharing cost savings HAMILTON, Bermuda--(BUSINESS WIRE)--Cool Company Ltd. (NYSE: CLCO / CLCO.OL, “CoolCo” or the “Company”) announced today that it has entered into a new time charter agreement for one of its TFDE vessels. The 12-month time charter is with Santos Shipping Singapore Pte Ltd and is scheduled to commence in the first quarter of 2024.In the third quarter of 2024, the vessel is expected to undergo its scheduled drydock, at which time the Company also intends to upgrade the vessel to LNGe specifications. LNGe specification upgrades include the addition of reliquefaction capability via state-of-the-art sub-coolers, as well as air lubrication systems and a range of optimizations and upgrades intended to enhance efficiency and reduce emissions. In line with the anticipated enhanced
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CLCO
News
- 10 Dividend Stocks with Over 9% Yield According to Analysts [Yahoo! Finance]Yahoo! Finance
- Cool Company: Quality Fleet, 73% PNAV, And 14.7% Yield; Rating Unchanged [Seeking Alpha]Seeking Alpha
- Cool Company Ltd. - Announcement Of Filing Of Form 20-F Annual Report [Yahoo! Finance]Yahoo! Finance
- Cool Company Ltd. - Announcement Of Filing Of Form 20-F Annual ReportBusiness Wire
- Cool Company Ltd. - Ex DividendBusiness Wire
CLCO
Sec Filings
- 3/28/24 - Form S-8
- 3/28/24 - Form 20-F
- 3/27/24 - Form 6-K
- CLCO's page on the SEC website