Newbuilding sources say a 5% down payment for the VLEC quintet, reported to be priced at around $130m each, has now been received by the yard.
All five vessels are understood to be backed by 10-year charter deals to Chinese gas buyer Oriental Energy, with options to extend the hire.
TradeWinds reported in December that a deal had been agreed between DSIC Offshore and Hong Kong-registered Jaccar Holdings subsidiary JHW Engineering & Contracting (JHW E&C).
Greenship
