The Japanese utility has acquired40% stakes in Trans Pacific Shipping 1 Ltd (TPS1) and Trans PacificShipping 2 Ltd (TPS2).
Each company owns one 153,000-cbmLNG carrier newbuilding which was contracted in 2012 on the back of long termcharter contracts from Chubu.
Both companies were originallyset up as joint ventures between each of the two shipowners and trading houseMitsubishi Corp on a 50:50 basis.
Underthe
