Borealis, the polyolefins, base chemicals and fertilizer company, has hired the 35,000 cbm vessel on a 10-year deal, the owner said.
No rate was revealed for the contract, which will begin when the ship is delivered from Jiangnan Shipyard in 2016.
“This charter reflects the initial demand to transport ethane in such large quantities, facilitating the diversification by international petrochemical companies of their feedstock supplies with low cost US ethane,” Navigator said.
The
