Greater China
More gas carriers for Frontline at Jiangnan
Shanghai: Reports have emerged that John Fredriksen’s Frontline has ordered two more very large gas carriers (VLGC) at China's Jiangnan Shipyard, to follow on from the original two ordered in June this year.
The latest two carriers are scheduled for delivery in 2014. Priced at $63.5m each, Frontline still has two more options to exercise on the original contract. [03/10/12]