A joint venture of Adnoc Logistics & Services and Chinese polyurethane producer Wanhua Chemical Group has splashed out $365m on VLGC newbuildings.
AW Shipping has commissioned Jiangnan Shipyard in China to build three LPG-fuelled ships for delivery between the third and fourth quarters of 2022. The deal includes options for two more vessels.
Jiangnan, China’s leading VLGC shipbuilder, has confirmed the order.
