The vessels will be jointly owned by three 50/50 joint ventures and are backed by charters to Yamal LNG running to the end of 2045.

DSME in Korea will deliver the 172,410-cbm Arc7 ships by 31 March 2018, 31 December 2018 and 31 December 2019 respectively.

CSDC said the charterer has the option to extend the term for two periods of five years each.

It