24-01-2014

Very Large Gas Carrier (VLGC) new building project

We are pleased to announce the ordering of a new tanker for liquefied gas to be constructed by Hyundai Heavy Industries Co., Ltd of South Korea (HHI). The 84,000 m3 LPG carrier is scheduled to be delivered during the summer of 2015.

The new ship will be a welcome addition to our existing VLGCs, Progress and Prospect, which were also built by HHI and have since earned a good reputation in the market.

With renewed focus on cleaner burning fuels, it is expected that LPG will continue to enjoy good demand in addition to other industrial consumption.

Supervision during construction will be coordinated by Transpetrol TM AS. More news to follow once construction commences.

Company Profile

“Committed to perform”
Transpetrol is an independent, fully integrated, ship-owning company with a history stretching back over 30 years. We have a truly international workforce of about 30 employees on shore in four different countries and about 500 seafarers and customarily 15 vessels serving clients around the globe.
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