A new 15-year agreement between the gas tanker carrier Evergas and the chemicals company Ineos is the reason for Evergas placing an order for a series of LNG ships from the Chinese shipyard Sinopacific Offshore and Engineering.
With the agreement, Evergas moves into a bigger sector of LNG vessels than the ones in which the carrier has previously been involved and the CEO, Martin Ackermann, points out that the new contract may open the door for new customers and even bigger contracts and a specialisation in the LNG market which is one of the few shipping markets showing signs of growth.
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In the drama surrounding the merger between tanker majors Euronav and Frontline, one of the arguments from Euronav’s biggest shareholder, the Saverys family, is that the merger will pull Euronav in the wrong direction on the green agenda. Euronav tells ShippingWatch that the company rejects this criticism.