Avance Gas banks $27m on sale of ageing VLGC

Oslo-listed very large gas carrier (VLGC) specialist Avance Gas has offloaded its 2008-built Venus Glory for $66m in a deal that is expected to generate a gain of about $27m once the ship changes hands. The Øystein Kalleklev-led owner will deliver the Daewoo-built 83,700 cu m ship to an unnamed buyer in February or March …

splash247