Company Cool Company Ltd.

Equities

CLCO

BMG2415A1137

Oil & Gas Transportation Services

Market Closed - Oslo Bors 10:45:00 2024-04-26 am EDT 5-day change 1st Jan Change
121.4 NOK +2.97% Intraday chart for Cool Company Ltd. +2.88% -5.16%

Business Summary

Cool Company Ltd. is an owner, operator and manager of liquefied natural gas (LNG) carriers providing critical supply chain support to the international energy industry. The Company is the commercial and technical manager of not only its fleet, which includes the original vessels and the acquisition vessels, but also eight additional LNGCs and nine floating storage and regasification units (FSRUs) owned by third parties. Its fleet consists of eight modern TFDE LNGCs, namely the Golar Bear, Golar Crystal, Kool Frost, Golar Glacier, Golar Ice, Golar Kelvin, Golar Seal and Golar Snow, and four modern two-stroke and tri-fuel diesel electric (TFDE) vessels, namely the Kool Orca, Kool Firn, Kool Boreas and Kool Baltic. The vessels use fuel efficient propulsion and low boil-off technology and are compatible with LNG loading and receiving terminals worldwide. Its integrated, in-house vessel management platform provides its charterers with commercial and technical management services.

Number of employees: 879

Sales per Business

NOK in Million2022Weight2023Weight Delta
Time and Voyage Charter
91.6 %
1,766 86.2 % 3,669 91.6 % +107.74%
Amortization of Intangible Assets and Liabilities Arising from Charter Agreements, Net
4.7 %
214 10.5 % 186 4.7 % -13.09%
Vessel and Other Management Fees
3.8 %
69 3.3 % 151 3.8 % +120.53%

Sales per region

NOK in Million2022Weight2023Weight Delta
Global
100.0 %
2,049 100.0 % 4,006 100.0 % +95.53%

Managers

Managers TitleAgeSince
Chief Executive Officer 51 22-06-30
Director of Finance/CFO 63 22-03-31
Chief Operating Officer 63 -
General Counsel - 22-04-30
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 67 22-01-31
Director/Board Member 58 Nov. 28
Chairman 45 -
Chief Executive Officer 51 22-06-30
Director/Board Member 41 22-01-31
Director/Board Member 63 22-01-31
Director/Board Member - Nov. 28

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 53,702,846 22,345,315 ( 41.61 %) 0 41.61 %

Shareholders

NameEquities%Valuation
Eastern Pacific Shipping Pte Ltd.
58.20 %
31,254,390 58.20 % 341 M kr
Donald Smith & Co., Inc.
3.775 %
2,027,175 3.775 % 22 M kr
Fidelity Management & Research Co. LLC
3.464 %
1,860,174 3.464 % 20 M kr
Sumitomo Mitsui DS Asset Management Co., Ltd.
1.789 %
960,722 1.789 % 10 M kr
Cooper Creek Partners Management LLC
1.424 %
764,760 1.424 % 8 M kr
Wexford Capital LP
1.327 %
712,413 1.327 % 8 M kr
Arrowstreet Capital LP
1.030 %
553,282 1.030 % 6 M kr
Morgan Stanley Capital Services LLC
0.8680 %
466,138 0.8680 % 5 M kr
Renaissance Technologies LLC
0.4124 %
221,475 0.4124 % 2 M kr
Two Sigma Investments LP
0.3970 %
213,200 0.3970 % 2 M kr

Company contact information

Cool Co. Ltd.

Canon's Court 22 Victoria Street

HM 12, Hamilton

+44 20 7659 1111

http://www.coolcoltd.com
address Cool Company Ltd.(CLCO)
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