Stabilis GDS exits Seaspan Garibaldi charter, owes USD 750,000 early termination fee

Stabilis Solutions, Inc.

Stabilis Solutions, Inc.

SLNG

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  • Stabilis Solutions unit Stabilis GDS ended its time charter for LNG bunkering vessel Seaspan Garibaldi on June 24, 2026.
  • Owners exercised a termination option granted June 11, 2026, triggering the charter’s termination effective June 24.
  • Stabilis GDS owes an early termination fee of USD 750,000 due Jan. 1, 2027.
  • About USD 1.1 million of accrued charter amounts due in two installments during Q3 2026.


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