IINO Lines secures charter for LPG dual-fuel vessel

AI Summary

Japanese tanker operator IINO Lines has secured a time charter contract for a new very large gas carrier (VLGC) capable of dual-fuel operation on LPG and conventional marine fuels. The LPG dual-fuel vessel will be built in South Korea and chartered to energy and commodities trader BGN.

Japanese tanker operator IINO Kaiun Kaisha (IINO Lines) has signed a time charter contract with energy and commodities trading group BGN for an LPG dual-fuel very large gas carrier (VLGC) newbuild. The 90,000-cbm vessel will be capable of operating on both LPG and conventional marine fuels. It will be built by South Korea’s HD Hyundai ...