Tanker

Avance Gas sells vessel with healthy profit

With the latest vessel sale, Avance Gas pockets a profit of USD 27m. The vessel is expected to be delivered to its new owners in Q1 this year.
Photo: David Butler / Marine Money
Photo: David Butler / Marine Money
by IDHA TOFT VALEUR

Avance Gas’ Venus Glory, a 2008-built VLGC, has been sold to an unnamed ’national oil company’ for USD 66m and will be with its new owners in February or March this year.

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