South Korea’s Hyundai Glovis is expanding its fleet portfolio to include VLGCs with an order worth an estimated $168m.
The car carrier specialist has signed up for two 86,000-cbm LPG carrier newbuildings at Hyundai Samho Heavy Industries. They are due to be delivered by mid-2024.
Sources in the gas shipping market said Hyundai Glovis did not order the two gas carriers on speculation.
