EXMAR Declares Options to Build Two Additional Midsize LPG Carriers

EXMAR announced that, together with its Joint-Venture partner Teekay LNG (TGP), it has declared options to build two additional Midsize LPG carriers at Hanjin Heavy Industries.

These bring the total of newbuildings for EXMAR LPG BVBA to 12 vessels, four of which are currently being built at Hyundai MIPO and eight will be built at Hanjin. Delivery of these vessels will be between February 2014 and May 2018.

Exmar, November 8, 2013