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LPG shipper charters additional vessels

Bermuda-based Avance Gas Holding Ltd has entered into three time charter agreements.

The company, which is engaged in the transportation of liquefied petroleum gas, said the agreements are for a period of two years at an average hire level of approximately $30,000 per day net to owners for the 2008-built very large gas carrier Iris Glory and Venus Glory and the 2009-built VLGC Promise.

The vessels were scheduled for delivered this month and next.

Avance Gas is one of the world's leading owners and operators of very large gas carriers (VLGC). It operates a fleet of 13 modern ships and six dual fuel LPG newbuildings due for delivery in Q4 2021, Q1 2022, Q4 2022 and Q1-Q4 2023.

Avance Gas Holding Ltd: enters into three time charter agreements (File photograph)

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Published September 29, 2021 at 7:25 am (Updated September 29, 2021 at 7:25 am)

LPG shipper charters additional vessels

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