Exmar wins Statoil contract of up to ten years

Exmar has secured an order from Statoil to time charter two LPG ships - that are still under construction - to the company for five to ten years. The ships will transport LPG in Northern Europe.

BY KATRINE GRØNVALD RAUN

Published: 07.02.14 at 12:25

Belgian Exmar has signed a contract with Statoil to time charter two 38,000 dwt LPG ships to the company.

The ships are being built at Philippine shipyard Hanjin Subic Bay, and are planned for delivery during 2016. The ships will transport LPG in Northern Europe for Statoil on contracts that will run for a minimum of five and as many as ten years, says Exmar in a statement.

Already a subscriber? Log in.

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.

Access all locked articles
Receive our daily newsletters
Access our app

Start a free company trial today

CBS launches board program for the shipping industry

Andreas Sohmen-Pao, chair, BW Group. | Foto: Global Maritime Forum

Supported by a number of high-profile names from the global shipping industry, CBS’s new Blue Board Leadership Programme’s first module is already half full. The faculty team includes BW Group Chairman Andreas Sohmen-Pao.

G&O Maritime Group buys maritime supplier

Morten Pilnov is CEO of G&O Maritime Group. | Foto: G&O MARITIME GROUP

G&O’s acquisition is aimed at strengthening the company’s green profile and making a stronger mark internationally.

EU countries ready for CO2 quota negotiations – but without a shipping fund

After marathon negotiations, EU member countries passed a mandate late Tuesday for inclusion of shipping into the union’s emissions trading system. A proposed special fund for the industry’s transformation does, however, not appear to be on the table.