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Ineos orders two additional ethane carriers from Evergas

4:21 AM MDT | May 7, 2014 | Francinia Protti-Alvarez

Ineos has reached an agreement with Evergas (Copenhagen) to expand, from four to six vessels, the former's order for a series of ethane vessels that are under construction in China, Ineos announced today. Ineos signed, in January last year, a 15-year agreement with Evergas for the shipment of ethane to Europe from the US Mariner East project—the first US ethane export contract. The new vessels will transport this ethane. Ineos and Evergas have expanded the agreement to secure additional capacity for the long-term shipping of advantageously priced US...

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