Lila Global adds third vintage LNG carrier with Diamond deal

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Lila Global, the shipowning arm of GMS, has acquired a third vintage LNG carrier since September through a deal with Diamond. The newly added vessel uses dual-fuel diesel-electric propulsion, expanding the company’s position in the ageing LNG carrier market.

Lila Global, GMS’s shipowning arm, is expanding its presence in the ageing LNG carrier market, adding its third LNG carrier since September. While the first two acquisitions were steam-powered vessels, the latest addition features a dual-fuel diesel-electric (DFDE) propulsion system.  The first vessel to join the fleet was the 2003-built, steam-powered Castillo de Villalba, renamed …