LPG carrier

Exmar Signs Shipbuilding Deals for Two LPG Carriers in China

Business & Finance

Belgian owner and operator of gas carriers Exmar has signed shipbuilding agreements for the construction of two LPG carriers in China.

Illustration. Source: Pixabay under CC0 Creative Commons license

The 86,000 m³ gas carriers, to be fuelled by LPG, would be constructed by Shanghai’s Jiangnan Shipyard.

Both vessels are to be delivered ex yard respectively within the second and third quarter of 2021, according to the company.

The new units would serve Exmar’s long-term commitments towards Norway-based energy group Equinor for worldwide LPG transportation under a contract signed in December 2017.