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Exmar orders VLGC pair for Statoil contract

Exmar orders VLGC pair for Statoil contract

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Belgian owner Exmar has entered into contracts for two 79,500 cu m gas carriers to support a deal with Norway’s Statoil.

Under the agreement with Statoil, the two vessels will transport LPG under a long-term commitment.

The vessels are expected to be delivered within 2020 and will be compliant with NOx and SOx emissions regulations.

The order re-establishes the company’s presence as a VLGC shipowner, with the current eight VLGCs in its fleet either chartered in or managed by the company.

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Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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