John Fredriksen's Golar Partners hiked its handout to $0.44per unit – a 23% improvement since its listing – following a profit of $19.8min the three months to the end of June.

The owner explains the rise follows the acquisition ofthe 126,224-cbmNR Satu (built 1977), which has an 11-yearcharter off Indonesia in the bag.

Operating profit for the quarter hit the tape at $33.0m,while