South Korean owner KSS Shipping has announced that it has placed an order at Hyundai Heavy Industries (HHI) for the construction of two 84,000 cu m VLGCs.
The two scrubber-fitted ships, which will be delivered in the first half of 2021, will be chartered to Turkish energy firm BGN under a five-year charter contract, which includes a two-year extension option. The value of the contract is about KRW276.3bn ($230m).
In June, KSS signed for one firm 86,000 cu m VLGC newbuilding with an option for one more at HHI, for long-term charter with a Spanish energy trader.
KSS owns a fleet of 22 ships including 15 LPG carriers.
