Editor’s selection: Eastern Pacific’s ammonia gambit, Avance Gas bet pays off and shipping investor gets political

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Idan Ofer’s Eastern Pacific Shipping is backing what it sees as a strong outlook for ammonia and LPG by growing its gas fleet with another contract for a new breed of VLGCs at a South Korean shipyard.

TradeWinds learned that the company is closing in on an order for four LPG dual-fuel VLGCs — dubbed very large ammonia carriers (VLACs) — that will be able to carry a full load of ammonia or LPG.