Hyundai Inks 82K VLGC

Source:Asiasis
2012.03.02
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Hyundai Heavy Industries has booked an 82,000-cbm very large gas carrier (VLGC) for delivery at the end of 2013 from SK Shipping.
The South Korean shipbuilder has upped its tally of VLGCon order to three from the Korean shipping company, among which the earlier newbuildings were contracted separately in November 2010 and March 2011, both to be delivered in the first half of next year, according to a source close to the company.
The source says all three ships will be chartered-out to SK Shipping's sister company SK Gas on a long-term basis.
The contract value of the latest vessel has been unrevealed, he just saying that the deal was "done at a market level," which cost around mid-$70m, told by newbuilding brokers.
One suggests the deal for the third ship is an option priced at $75m that is now being declared.

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