Petredec orders two VLGCs at HHI

LPG trading company Petredec revealed that it has further expanded its fleet with the addition of two Panamax VLGC’s.

Petredec has signed a contract with Hyundai Heavy Industries for the construction of two 78,700 cbm LPG carriers with the option to build a further two, the company revealed in a statement.

They are to be delivered during Q2 and Q3 2017 and will bring Petredec’s owned fleet of modern VLGC’s to 17.

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Image: Petredec