Dynagas has announced its decision to withdraw its three LNG vessels from Cool Pool.
The company will this year put out the162,000 cbm vessels Clean Planet (2014), Clean Horizon (2015) and Clean Vision (2016) from Cool Pool, an independent company established by Dynagas Ltd, GasLog Ltd and Golar LNG Ltd.
The three LNG carriers will be chartered out on a long-term basis. Cool Pool informed that the withdrawal of Dynagas’ vessels doesn’t mean the company will be dissolved. In fact it will continue to operate with the remaining 16 vessels at its disposal.
The Cool Pool charters the vessels for periods of up to one year in duration as agents for the Owners, who each remain responsible for the technical and commercial operation of their vessels and performance of the contracts.