TMS CARDIFF GAS LTD
2019

March 31, 2019

TMS CARDIFF GAS announces a long-term time charter contract with VITOL.

TMS Cardiff Gas, an operator and manager of 16 LNG Carriers, is pleased to announce that the Company has entered into a ten year time charter contract with Vitol, a globally established energy & commodities company, for one of its X Carrier Series vessels.

The 174,000 cubic meter vessel with efficient XDF propulsion is being constructed at Hyundai Heavy Industries (HHI). The Company has now secured term employment for ten of its eleven X Carrier Series vessels and maintains options for further growth.

The vessel will be built to the highest industry specifications, as per TMS Cardiff Gas standards.

The Company maintains its appetite for further growth in the sector, which is reflected by the additional capacity available with optional vessels for delivery in 2021.

Christos Economou, Founder of TMS Cardiff Gas, commented: “We are delighted to bring onboard our new long-term business customer which is a first time term customer for TMS Cardiff Gas. We are grateful for the trust Vitol have placed in us as their shipping provider of choice for the safe and reliable delivery of LNG to their customers.”


Pablo Galante Escobar, Vitol's head of LNG said: “We are pleased to have concluded this deal with Cardiff, an experienced and reliable owner with an excellent operational track record. This time charter is our first long-term shipping position and enhances the overall proposition to our customers.”


About TMS Cardiff Gas Ltd
TMS Cardiff Gas, established in 2011, is an operator and manager, with a fleet of 16 modern LNG carriers.

Visit the Company’s website at www.tms-cardiffgas.com

September 18, 2019

TMS CARDIFF GAS announces one more long-term charter with Total Gas & Power Limited, London, Meyrin – Geneva Branch

TMS Cardiff Gas, an operator and manager of 16 LNG Carriers, is pleased to announce that the Company has entered into a minimum seven year time charter contract with Total Gas & Power Limited, London, Meyrin – Geneva Branch, an international oil and gas major, for one of its eleven newbuilding X Carrier Series vessels on order.

The 174,000 cubic meter vessel with efficient XDF propulsion and subcooling system is being constructed at Samsung Heavy Industries (SHI). The Company continues its long term employment strategy on its LNG Vessels. The Company is looking to expand its portfolio in the 2022/23 timeframe.

Christos Economou, Founder of TMS Cardiff Gas, commented: “We are grateful for the repeat business that Total Gas & Power Limited, one of the leading global energy companies, continues to show our Company and we look forward to providing first class LNG shipping services. This is another long term deal in this series of sister vessels with efficient Xdf propulsion and sets the stage for the company’s further growth with significant long term coverage and backlog”.

About TMS Cardiff Gas Ltd.
TMS Cardiff Gas, established in 2011, is an operator and manager, with a fleet of 16 modern LNG Carriers.

Visit the Company’s website at www.tms-cardiffgas.com