Seeking Alpha

Kinder Morgan Partners to build additional product tanker

  • Kinder Morgan Partners (KMP +1.2%) says it plans to build an additional 50K deadweight ton liquefied natural gas conversion-ready product carrier under an expanded contract with General Dynamics (GD).
  • The tanker will be built as a sister tanker to four other tankers under construction at GD's NASSCO shipyard in San Diego.
  • Construction is expected to begin in Q4 2015, with delivery expected in Q2 2017.
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  • Marc Radow
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    GTLS participating here?
    16 Jun 2014, 04:16 PM Reply Like
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