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Evergas build two new ethane-tankers

Evergas build two new ethane-tankers

05-11-2014 14:00:00


The Danish shipping company Evergas, which specializes in transporting liquefied natural gas and petrochemical gases, increase the newbuilding program with two ethane-tankers, sothe newbuilding program now consists of eight ships. The expansion is due to the fact that Evergas has entered an agreement with INEOS, which is one of the world's largest chemical companies.

"We are pleased that INEOS has decided to expand the Dragon series of our innovative and technically advanced ships. They have been specifically designed and tailored to transatlantic trade and the expansion of the order clearly shows INEOS's faith in our partnership," Martin Ackermann, Managing Director of Evergas stated.

The fleet of eight ships is to bring US ethane from shale gas to INEOS's production sites in Grangemouth, Scotland and Rafnes, Norway. Evergas has secured a 15-year agreement with INEOS on these transatlantic shipments of ethane, which will start up in 2015.

David Thompson, COO of INEOS Trading & Shipping, says:
"The increased amounts of ethane transported by Evergas Dragon fleet will give us long-term security and flexibility, cost-effectiveness in our supplies, and most importantly support the company's competitiveness in Europe".

The ships are the largest, most flexible and advanced multigas ships that have been built and they provide INEOS a very flexible transport of ethane deliveries, says Evergas.

Source: Evergas / Maritime Denmark


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