Pan Ocean Signs Long-Term Charter Contract for One LNG Carrier Worth 125.6 Billion KRW

[Asia Economy Reporter Oh Ju-yeon] Pan Ocean announced on the 30th that it has signed a long-term charter contract for one LNG carrier worth 125.6 billion KRW with overseas company Galp Energia E&P, B.V. This amount corresponds to 5.09% of recent sales revenue. The basic contract period is 5 years, and the counterparty has the option to extend the contract twice, each time for 3 years.