Avance Gas Holding Ltd (AGAS) has announced that the Company has entered into a Time Charter Agreement for a period of 2 years for the first dual fuel VLGC, Avance Polaris, to energy major TotalEnergies.
The vessel is scheduled as planned for delivery ex-yard in South Korea in January 2022 and the time charter hire has a mechanism which gives both parties exposure to the market.
Source: Avance Gas