Shipping and Logistic Directory

Avance Gas Holding Ltd

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About Us

2016 marked the first full year of operations for all 14 of the VLGCs in the Avance Gas fleet. In December the LNG carrier, Gaea, was sold. During 2015 the Company completed it’s newbuilding program. Breeze was delivered in April, followed by Passat, Sirocco, Levant, Chinook and Pampero, one each month between June and October. In addition, Avance Gas agreed to purchase eight VLGC newbuilding's—previously ordered by Frontline 2012 Ltd from Jiangnan Shipyard in China—for $75 million per ship.
Avance Gas is benefitting from the Sea tankers group’s economy of scale, extensive commercial and technical experience.

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