Lexington LNG

Lexington LNG Limited is a new pure play Company established to own and operate small scale LNG assets at an opportune time in the cycle

  • Focus on Small Scale LNG (“SSLNG”) Vessels (30,000 cbm)
  • Founded by Tobias Koenig and David Kanter
  • Leveraging on strong track record of previous platform
  • Transparent and clean corporate structure
  • Lean and efficient set-up with no legacy issues
  • Aligned interests and shared incentives between founders, management and shareholders
  • The company is planning to acquire LNG newbuildings vessels at attractive levels
  • Lexington LNG has LOIs at high quality Yards on attractive terms
  • 28-34 Months to Delivery
  • “Best in class” fleet and low cash-break-even
  • Highest Spec Fleet “Wärtsilä Ship Design”
  • Seeking long term contracts
  • efficient operating structure

A new opportunity to tap the growing demand
for small scale LNG vessels

Market Potential

  • LNG use is growing rapidly, driven by LNG-fueled power plants in Europe, Asia, Africa, South America and the Caribbean.
  • Land transportation and heavy industry are using increasing volumes of LNG
  • LNG is also rapidly growing as a marine fuel, because of costs and environmental concerns
  • 100 LNG fueled ships currently in operation, 101 more on order

Pure Play – Small scale LNG Company

  • Only pure play investment vehicle established for the burgeoning SSLNG market
  • No legacy issues, lean, transparent and cost efficient  organization → low cash break-even
  • Early mover advantage.  Ships delivered around 2020 IMO low sulfur regulation
  • Sponsors have decades of experience in the shipping industry


  • Aim to Time Charter vessels long term to “Blue Chip” charterers
  • Already in discussions with several potential charterers
  • LOIs with four shipyards to build initial fleet of three  (+3 options) SSLNG vessels
  • Eco ships with dual-fuel-hybrid engines and high operating efficiency