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Evergas contract opens for new American market

Evergas has entered into a new 15-year agreement with the chemicals company Ineos on the transportation of ethane from the USA to Norway. The agreement is a significant investment for Evergas placing the carrier in a whole new league for gas transportation, Evergas CEO, Martin Ackermann, tells ShippingWatch.

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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