The newbuilding moves came on the back of Evergas securing 15-year shipping agreements in January this year with INEOS Europe to transport ethane into Europe from the US Mariner East project.
Financial details of the latest newbuilding deal were not disclosed.
“Having worked successfully with Evergas for more than a decade we are very confident that these vessels will provide long term security and competitiveness of our feedstock supplies,” said David Thompson, chief operating officer of INEOS Trading & Shipping. Chemical firm INEOS boasts 60 manufacturing plants in 13 countries with annual production volumes in excess of 60m tonnes.
Evergas, an entity of Greenship Gas, which is in turn fully owned by Jaccar Holdings, said that the dual-fueled vessels will, with the use of clean LNG on its modern tier III engines, comply with all current and known future regulations securing low emissions and fuel costs.
Chinese offshore yard SOE was also formerly 25% owned by Jaccar Holdings before the French company sold its shares of SOE in 2012.
Sinopacific Shipbuilding Group, one of the shareholders of SOE, remains 23.5% owned by Jaccar Holdings. But Jacques de Chateauvieux, chairman and ceo of Jaccar Holdings, has said that the company is seeking to offload all of its stakes in Sinopacific Shipbuilding Group to faciliate the next phase of growth for the shipyard.
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