Stabilis Solutions charters LNG bunkering vessel Garibaldi for two years at $32,400/day

Stabilis Solutions, Inc.

Stabilis GDS subsidiary entered time charter with Seaspan Energy for LNG bunkering vessel Garibaldi.
Daily charter rate $32,400 for 730 days; delivery expected on or about March 1, 2026.
Positioning fee ~$1.0 million to move vessel from western Canada to Galveston, Texas.
Option to extend the charter for one additional year and purchase option at $60 million during the term.
Stabilis guaranteed all obligations of its subsidiary under the agreement.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Stabilis Solutions, Inc. entered into the Agreement with Seaspan Energy Ltd. valued at $32,400 per day for 730 days (effective 2025-12-12).

Action: entry
Counterparty: Seaspan Energy Ltd.
Value: $32,400 per day for 730 days
Effective: 2025-12-12

Exact text from the filing

On December 12, 2025, Stabilis GDS, Inc. (“Stabilis GDS”), a wholly-owned subsidiary of Stabilis Solutions, Inc. (“Stabilis” and collectively with Stabilis GDS, the “Company”), entered into a time charter agreement (the “Agreement”) with Seaspan Energy Ltd. (the “Owners”) for the time charter of a liquified natural gas bunkering vessel (the “Garibaldi”).

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Source: SEC EDGAR

accession 0001437749-25-038159

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