Austrian chemical company Borealis has chartered one 91,000-cbm dual-fuelled VLGC newbuilding from Japanese owner Iino Kaiun.
Borealis did not disclose the rate or charter period but a gas expert said it had fixed the vessel for between five and seven years.
TradeWinds reported last month that Iino was expected to confirm the VLGC newbuilding, which can run on LPG or conventional fuels, at Daewoo Shipbuilding & Marine Engineering.
