Exmar and Teekay LNG Partners have taken control of an LPG newbuilding under construction at Hyundai Heavy Industries.
Exmar LPG, the joint venture between the two companies, said it has novated an existing newbuilding contract for a 38,000-cbm gasship.
The vessel is due for delivery in the third quarter of 2018, the company added.
It did not identify the ship but the only unit that matches the description provided is a 38,000-cbm newbuilding ordered by Greece’s Phoenix Energy Navigation.
