Avance Gas Holding orders two LPG-ammonia carriers

Avance Gas Holding has entered into a newbuilding contract with CIMC for the construction of two mid-sized LPG/ammonia carriers with dual fuel engines.

The ships will have a cargo capacity of 40,000 cbm and scheduled delivery is during Q4 2025 and Q1 2026.

As the ships will also be equipped with shaft generators this will further improve operation and maintenance cost while improving the environmental profile.

In addition to transporting traditional LPG cargoes, the vessels will also be fully able to carry ammonia cargoes. The seaborn ammonia trade is expected to grow significantly in the coming years due to the numerous blue and green ammonia projects.

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