Avance Gas orders LPG carriers from CIMC

John Fredriksen-backed Avance Gas has four 40,000-m3 LPG carrier newbuildings on order at Nantong CIMC Sinopacific Offshore & Engineering Co (CIMC SOE) for delivery in 2025 and 2026. Wärtsilä’s range of complete cargo handling systems for gas tankers are designed to reduce operating costs and improve the vessel’s Energy Efficiency Design Index (EEDI). The company

Avance Gas orders two newbuilds from CIMC

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.