Norway’s Hoegh LNG Holdings is paying out $184.3m to buy a 10-year-old LNG carrier from Eastern Pacific-controlled Cool Co as it looks to grow its floating storage and regasification unit fleet.

Hoegh said it has agreed with CoolCo to acquire the 160,000-cbm Golar Seal (built 2013).

The company did not reveal its price but said it is “in line” with the current market level for similar vessels.