Pacific Midstream Holding Corp News

EXMAR Commits to LPG with New Charters

EXMAR LPG has been awarded Statoil ASA’s time charter requirement for two environment-friendly 38,000 m³ (Midsize) LPG newbuildings intended for LPG trading within North West Europe. Both performing vessels are part of EXMAR LPG’s existing orderbook and are being built at Hanjin Subic Bay. The duration of each Time-Charter is for a period of minimum five years up to maximum 10 years basis delivery within 2016. EXMAR LPG has further extended with Potash Corporation of Saskatchewan the time charters of Libramont (38…