7th November, 2013, EXMAR announced that, together with its Joint-Venture partner Teekay LNG (TGP), it has declared options to build two additional Midsize (38,000-cbm) LPG carriers at Hanjin Heavy Industries & Construction's Subic facility in the Philippines.

These bring the total of newbuildings for EXMAR LPG BVBA to 12 vessels, four of which are currently being built at Hyundai Mipo Dockyard in Korea and eight will be built at Hanjin Subic.

Delivery of these vessels will be between February 2014 and May 2018.