Golar LNG Buys More Ships for $400 Million as Demand Gains
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Golar LNG Ltd., the owner of liquefied natural gas carriers led by billionaire John Fredriksen, will buy two further vessels for more than $400 million as demand for the fuel strengthens.
The ships will arrive in 2014’s second quarter and early 2015, Hamilton, Bermuda-based Golar said in a statement today. The order from Samsung Heavy Industries Co. includes an option to buy two more. The company said Feb. 14 it would buy two of the carriers from Hyundai Samho Heavy Industries Co. for more than $400 million for delivery in the second half of 2014.