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Home Global News Asia

Eastern Pacific to Add Two ULECs to Its Fleet

Heeren Tanna by Heeren Tanna
October 7, 2024
in Asia, News, Shipping
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Eastern Pacific Shipping (EPS) to extend its orderbook for ultra large ethane carriers (ULECs) with two newbuilds contracted in South Korea.

The deal for 150,000 cu m vessels was announced at HD Hyundai Samho, each worth roughly about $207m. The ships are scheduled for delivery in July and September of 2027 and add to six ULECs costing around $200m each booked at Jiangnan Shipyard in China earlier this year. All newbuilds are backed by long-term charter contracts.

Tags: EPSHD Hyundai SahoULECs
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