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Exmar LPG sells two older tankersExmar LPG sells two older tankers

Exmar LPG has sold two older vessels as it undertakes fleet renewal.

Marcus Hand, Editor

February 18, 2014

1 Min Read
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The joint venture between Exmar and Teekay LNG Partners has sold the 1993-built, 85,826 cu m LPG carrier Flanders Harmony and the mid-size 1994-built 35,754 cu m LPG tanker Temse.

The Temse will be delivered to its new owners at the end of the first quarter and the Flandera Harmony in the second quarter. The buyers of the vessels were not disclosed. The sale will generate net cash proceeds of $30m for Exmar LPG.

“The gradual sale of older tonnage coincides with the forthcoming deliveries of Exmar’s more efficient mid-size newbuildings,” Exmar said.

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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