LONDON, August 7, 2014 /PRNewswire/ -- Navigator Holdings Ltd. ("Navigator") (NYSE: NVGS) today announces that it has signed a long term shipping agreement for one of its 35,000 cubic meter ethylene/ethane capable semi-refrigerated liquefied gas carriers, currently being built at Jiangnan Shipyard, China. The ten year time charter has been agreed with Borealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals and fertilizers. The charter, which is planned to commence in late 2016, will transport ethane from the Marcus Hook terminal operated by Sunoco Logistics to Borealis' cracker in Stenungsund, Sweden. The vessel is one of four state-of-the-art 35,000...
↧