Danish investment company Navigare Capital Partners has tied up its only LNG newbuilding to Japanese trading house Mitsui & Co as it considers its next moves on a series of outstanding optional slots that it holds.

Navigare Capital managing partner Henrik Ramskov confirmed to TradeWinds that the company’s 174,000-cbm vessel, which is on order at Samsung Heavy Industries and due for delivery in 2021, has been fixed for what he termed a “relatively long-term” charter in the “high single-digit” number of years.