Avance Gas has entered into a newbuilding contract with CIMC in China for the construction of two mid-sized LPG/ammonia carriers with dual-fuel engines that can run on LPG as fuel in addition to compliant fuel oil.
The ships will have a cargo capacity of 40,000 cu m and scheduled delivery is during the fourth quarter 2025 and the first quarter of 2026. Contract price for the newbuildings is $61.5m per vessel. As part of the agreement, Avance Gas will have an option to order two further newbuildings at the same terms.
Recent Posts
Ports & Harbours
SCCT Becomes Egypt’s First Container Terminal Powered Entirely by Renewable Electricity
Policy
EU Certification Proposal Raises Concerns Over Future Supply of Renewable Marine Fuels
Ammonia Methanol
ONE Deploys Methanol and Ammonia Ready Container Ship on Mediterranean Pacific Service