Avance Gas enters into time charter for new ship
Updated: Dec 14, 2021 07:43 PM
Bermudian-based Avance Gas Holding Ltd has entered into a two-year time-charter agreement for the first dual-fuel very large gas carrier, Avance Polaris, to the energy giant TotalEnergies.
Avance, which is engaged in the transportation of liquefied petroleum gas, said the vessel is scheduled as planned for delivery ex-yard in South Korea in January and the time-charter hire has a mechanism which gives both parties exposure to the market.
The company is one of the world's leading owners and operators of very large gas carriers and operates a fleet of 13 ships and six dual-fuel LPG newbuildings due for delivery in Q1 2022, Q4 2022 and Q1-Q4 2023.
Avance Gas Holding Ltd: enters into two-year time-charter agreement (File photograph)
Comments
Published December 14, 2021 at 4:44 pm (Updated December 14, 2021 at 7:43 pm)
What you
Need to
Know
Need to
Know
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon
