Petredec Limited has announced today that contracts have been signed with Hyundai Heavy Industries (HHI) to build up to four Panamax VLGC’S. The signed contract is for two firm 78,700 cbm LPG carriers with an option attached to build a further two vessels.
Delivery of the pair is scheduled to be during the second and third quarter of 2017 and will bring Petredec’s owned fleet of VLGC’S to 17.Once in service they will be amongst some of the most economical VLGC’s in the global fleet.
Petredec currently have 10 84,000 cbm LPG carriers building at the Gunsan and Ulsan yards of HHI.
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