Frontline 2012 divests eight new VLCC's
The consolidation of the gas segment has now begun for real, cemented by the finalized agreement between Avance Gas and Frontline 2012, as the two companies have settled the final details regarding Avance's acquisition of Frontline's eight 83,000 cbm VLGC newbuildings, set for delivery from Jiangnan Changxing shipyard in China in August 2014, according to a press release from Avance Gas.
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Stolt-company raises USD 100m for gas tankers
For subscribers
DVB: VLGC prices look promising
For subscribers