Energy trader BGN has returned to South Korea’s HD Hyundai Heavy Industries for two VLGC newbuildings, bringing the total it has ordered there to four.
Shipbuilding specialists named the emerging shipowner as the Middle East company behind the order for the 88,000-cbm vessels that HD Korea Shipbuilding & Offshore Engineering (HD KSOE) announced on 8 July.
Gas specialists believe the quartet will be trading in the joint venture gas shipping company that BGM formed with Indonesia’s Pertamina International Shipping in 2023.