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Tagged in Avance
Avance Gas Holding Ltd (AGAS): Successfully completed the sale of our fifth VLGC newbuilding
Avance Gas Holding Ltd. (Avance Gas) (OSE: AGAS) announced earlier today the successful sale of newbuilding hull 2367 with intended name Avance Castor for a cash consideration of $120 million less broker commission as previously announced in a press …
Mar 19, 2024 / Vessels
Avance Gas Holding Ltd (AGAS): Successfully completed the sale of Venus Glory
Avance Gas Holding Ltd. (Avance Gas) announce today the successful delivery of the 2008-built VLGC Venus Glory at a cash consideration of $66 million less ordinary broker commission of one percent as previously announced in a press release dated 3 …
Mar 5, 2024 / Curious
Avance Gas agrees one-year Time Charter for Avance Polaris
Avance Gas Holding Ltd (Avance Gas) (OSE: AGAS) on Wednesday announced that it has agreed a new one-year variable Time Charter for the dual fuel VLGC Avance Polaris (built 2022) with an energy major. Avance Polaris has been on a two-year …
Feb 29, 2024 / Vessels
Avance Gas Holding Ltd: Avance Gas agrees $66 million sale of 2008-built Venus Glory at estimated $27 million profit
Avance Gas Holding Ltd. (Avance Gas) (OSE: AGAS) has entered into an agreement to sell the Very Large Gas Carrier (VLGC), Venus Glory, built 2008, for a gross cash consideration of $66 million. The vessel is currently trading spot after completing …
Jan 3, 2024 / Vessels
Wärtsilä’s market leading position in cargo handling solutions highlighted with contract for four new LPG carrier vessels
Technology group Wärtsilä will supply the cargo handling and fuel supply systems for four new 40,000 m3 gas carrier vessels. The ships are being built at the CIMC SinoPacific Offshore & Engineering (SOE) shipyard in China for Norwegian shipowner …
Dec 14, 2023 / Curious
Avance Gas Holding Ltd: Avance Gas agrees to sell two newbuildings for $240Mln at a $73Mln estimated profit
Avance Gas Holding Ltd (Avance Gas) (OSE: AGAS) announced on Friday (Dec08) that it has agreed to sell its two remaining 91,000 cbm dual fuel newbuildings scheduled for delivery next year. The buyer has agreed to pay $240 million en bloc for the two …
Dec 8, 2023 / Finance
Avance Gas extends the Time Charter for VLGC Pampero by Minimum 21 months
Avance Gas Holding Ltd (Avance Gas) (OSE:AGAS) has announced a new Time Charter for the VLGC Pampero. Pampero is currently on a 12-month Time Charter with a trader which expires in November 2023. The charterer has now agreed to a new Time …
Sep 1, 2023 / Curious
Avance Gas declared the option of newbuilding contracts for two Medium-Sized LPG/Ammonia Carriers
Avance Gas Holding Ltd (Avance Gas) has today declared the option of the two mid-sized LPG/ammonia carriers (MGCs) from Nantong CIMC Sinopacific Offshore & Engineering Co., LTD (CIMC SOE), announced in June 2023. The two newbuildings are …
Aug 21, 2023 / Vessels
Avance Gas agrees $60 million sale of 2008 built VLGC Iris Glory
Avance Gas Holding Ltd. (Avance Gas) (OSE: AGAS) has announced that Avance Gas has entered into an agreement to sell the Very Large Gas Carrier (VLGC), Iris Glory, built 2008, for a cash consideration of $60 million. The vessel is currently …
Jul 6, 2023 / Curious
Avance Gas signed newbuilding contract for two Medium-Sized LPG/Ammonia Carriers
Avance Gas Holding Ltd (Avance Gas) (OSE: AGAS) has today entered into a newbuilding contract with CIMC for the construction of two mid-sized LPG/ammonia carriers with dual fuel engines that can run on LPG as fuel in addition to compliant fuel oil. …
Jun 7, 2023 / Vessels