Stabilis Solutions Announces Multi-Year LNG Bunkering Contract With Carnival Corporation
Portfolio Pulse from Benzinga Newsdesk
Stabilis Solutions (NASDAQ:SLNG) has been awarded a multi-year contract to provide LNG fuel for Carnival Corporation's (NYSE/LSE:CCL, NYSE:CUK) newest cruise ship, the Carnival Jubilee. The contract involves firm LNG deliveries from Stabilis' Texas facility over two years, with an option to extend for up to two more years. This partnership aligns with Carnival's goal to achieve net-zero carbon ship operations by 2050.
October 31, 2023 | 12:08 pm
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POSITIVE IMPACT
Carnival Corporation's partnership with Stabilis Solutions aligns with its decarbonization strategy and could enhance its reputation for environmental responsibility.
The partnership with Stabilis Solutions supports Carnival Corporation's goal to achieve net-zero carbon ship operations by 2050. This could enhance its reputation for environmental responsibility and potentially attract environmentally conscious customers.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
As a part of Carnival Corporation, Carnival UK (CUK) could also benefit from the company's decarbonization efforts and partnership with Stabilis Solutions.
As a part of Carnival Corporation, Carnival UK could also benefit from the company's decarbonization efforts. The partnership with Stabilis Solutions could enhance its reputation for environmental responsibility and potentially attract environmentally conscious customers.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Stabilis Solutions has secured a significant contract with Carnival Corporation, which could boost its revenues and strengthen its position in the LNG market.
The contract with Carnival Corporation is a significant business development for Stabilis Solutions. It not only provides a reliable source of revenue for the next two to four years, but also strengthens its position in the LNG market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100