Ineos Trading & Shipping is gearing up to take delivery of its first chartered-in very large ethane carrier newbuilding as work start on a second ship for the company.

The 85,000-cbm newbuilding Marlin is due for delivery from Dalian Industry Shipbuilding Co this quarter.

The ship, which has been built by an affiliate of Jacques de Chateauvieux's Jaccar Holdings and will be operated by group company Evergas, is also able to carry ethylene.