LNG tanker Disha back in action

Vol 19, PW 11 (11 Feb 16) News in Brief

After sitting idle off Fujairah in the UAE for the whole of 2015, Petronet-LNG’s old workhorse LNG tanker Disha is back in action.

Malta-flagged Disha with 136,026 cubic metre capacity is in service again since the beginning of 2016 bringing in cargoes under the 7.5m t/y contract with RasGas plus the additional 1m t/y deal signed in December 2015. In January, Disha made five trips from the Ras Laffan liquefaction facility in Qatar to Dahej.

“Disha will now make regular voyages,” confirms Petronet-LNG. Last year the tanker sat idle as Petronet-LNG reduced its long-term LNG offtake from RasGas because of the high $12.60/mmbtu price.

Disha and Petronet-LNG’s other tanker Raahi are on a 25-year contract from a consortium of Shipping Corporation of India (SCI) and three Japanese shipping companies: Mitsui OSK Lines, NYK Line and K-Line. The consortium won the contract in 2002 quoting the lowest day rate of $68,900/tanker.

A third tanker Aseem joined the fleet in 2006.