Transport of Hydrocarbons News in Bermuda

Avance Gas Holding Ltd: Completed the tenth VLGC delivery to BW LPG successfully
12/15/2024 - Avance Gas Holding Ltd ("Avance Gas" or "Company") refers to the announcement on August 15, 2024, regarding the sale of its VLGC fleet, consisting of twelve vessels, to BW LPG Ltd ("BW LPG" or "Buyer"...
Höegh LNG: 2023 Annual Report and Sustainability Report
4/19/2024 - Höegh LNG Holdings Ltd. ("Höegh LNG") has published its 2023 Annual Report and 2023 Sustainability Report. Both reports are available at hoeghlng.com.

Strong performance driven by FSRU del...
Flex LNG - Time Charter for Flex Endeavour Extended to 2032
4/12/2024 - Flex LNG, Ltd. ("Flex LNG") (OSE/NYSE: FLNG) is pleased to announce that the charterer of Flex Endeavour has exercised an option to extend the firm period of the Time Charter by 500 days, from the thi...
Avance Gas Agrees One-Year Time Charter for Avance Polaris
2/28/2024 - Avance Gas Holding Ltd ("Avance Gas") (OSE: AGAS) announce that it has agreed a new one-year variable Time Charter for the dual fuel VLGC Avance Polaris (built 2022) with an energy major. Avance Pola...
Avance Gas Agrees $66M Sale of 2008-Built Venus Glory at Estimated $27M Profit
1/3/2024 - Avance Gas Holding Ltd. («Avance Gas» or «Company») is pleased to announce that it has entered into an agreement to sell the Very Large Gas Carrier (VLGC), Venus Glory, built 2008, for a gross cash co...
Avance Gas Declared the Option of Newbuilding for Two LPG/Ammonia Carriers
8/21/2023 - Avance Gas Holding Ltd ("Avance Gas") (AGAS) has declared the option of the two mid-sized LPG/ammonia carriers (MGCs) from Nantong CIMC Sinopacific Offshore & Engineering Co., LTD (CIMC SOE), annou...
Avance Gas Agrees $60M Sale of 2008 built VLGC Iris Glory
7/6/2023 - Avance Gas Holding Ltd. is pleased to announce that Avance Gas has entered into an agreement to sell the Very Large Gas Carrier (VLGC), Iris Glory, built 2008, for a cash consideration of $60 million....
Avance Gas Signs Newbuilding Contract for Two Medium-Sized LPG/Ammonia Carriers
6/7/2023 - Avance Gas Holding Ltd has entered into a newbuilding contract with CIMC for the construction of two mid-sized LPG/ammonia carriers with dual fuel engines that can run on LPG as fuel in addition to co...
FRO - Termination of Charter-in Contracts of Two VLCCs
4/1/2022 - Frontline Ltd. (“Frontline” or the “Company”) announced that Frontline Shipping Limited (“FSL”) has agreed with SFL Corporation Ltd. (“SFL”) to terminate the long term charters for the 2004-built very...
SFL - Sale of Two Older VLCCs
4/1/2022 - SFL Corporation Ltd. has agreed to sell the 2004-built VLCCs Front Energy and Front Force to an unrelated third party. The sales proceeds to SFL are estimated to be approximately $70 million including...
Avance Gas Enters into Three Time Charter Agreements
9/28/2021 - Avance Gas Holding Ltd (“AGAS”) is pleased to announce that we have entered into three Time Charter Agreements for a period of 2 years at an average hire level of approximately $30,000 per day net to ...
Avance Gas Holding Signed Sustainability for the Two First Dual Fuel Buildings
7/7/2021 -  Avance Gas Holding Ltd is pleased to announce the successful signing and completion of the $104 million sustainability-linked term facility with a bank syndicate previously announced in May 2021. The...
DHT Holdings Announces Fourth Quarter 2020 Results
2/8/2021 - DHT Holdings, Inc. announced:
DHT made $266.3 million in net income in 2020 - the highest yearly result in the Company’s history. Adjusted for a non-cash change in fair value related to interest...

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