Geneva-based Gunvor Group is holding the long-term time charters for two of the remaining VLGC newbuild options taken by DryShips, according to people familiar with the matter.
Last month, the George Economou-led bulker and offshore vessel owner said it had "zero-cost" options to purchase up to four VLGCs being built at Hyundai Heavy Industry.
The ships, which are to be managed by TMS Cardiff Gas, "are going to be employed on long term charters to major oil companies and oil traders," according to a press release from DryShips.
DryShips
