Cool Company Ltd. Overview
Pro stress-test →CoolCo was a pure-play owner and operator of liquefied natural gas (LNG) carriers with a fleet of 13 vessels providing critical infrastructure for global LNG transportation. The company was acquired by EPS Ventures Ltd in January 2026 for $1.85 billion and delisted from NYSE and Euronext Growth Oslo, becoming a wholly-owned subsidiary.
Strategic Profile
Pro stress-test →CoolCo operated an integrated business model combining vessel ownership with in-house LNG transportation and infrastructure management services for third parties. The company maintained a balanced portfolio of short- and long-term charters with leading oil, gas, trading, and utility companies, generating stable cash flows to fund quarterly dividends and growth initiatives.
Competitive Landscape
Pro stress-test →CoolCo competes in the specialized LNG carrier market dominated by several major shipowners. The company differentiated itself through modern fleet specifications, vessel management services, and strategic relationships with EPS Ventures (formerly largest shareholder), a major independent shipping company. Market consolidation accelerated with this acquisition, reflecting investor appetite for stable maritime assets.
Industry Context
Cool Company Ltd. operates in Maritime Transportation & Shipping - Liquefied Natural Gas (LNG) Carriers.
Key facts
Headquarters: London, United Kingdom (registered in Bermuda) · Revenue: $86.3M (Q3 2025)