Avance Gas pockets $240m from two VLGC resales

Illustrative of how newbuild prices have shot up in the last two years, Øystein Kalleklev-led Avance Gas has just sealed a resale deal for two VLGCs for $120m each, ships it originally contracted for $78m back in April 2021.  Avance Gas has yet to reveal who has paid the $240m for the 91,000 cu m …

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