Navigator Holdings entered a long-term charter for a newbuilding as part of a deal to ship chemical gases from the US to Europe.

European chemical group Borealis said it chartered the 35,500-cbm Navigator Aurora (built 2016) for the transport of ethane from the US East Coast to Europe.

After its fourth quarter commissioning, the Jiangnan-built ship will be the world's largest ethane carrier, Borealis says, capable of carrying 20,000 tonnes of ethane.