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.

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