I.M. Skaugen ASA, Oslo (IMSK), will take delivery of its sixth vessel in the newbuilding programme. Named Norgas Napa , the vessel was built by the Hudong - Zhonghua Shipbuilding Group in Shanghai, China.
The successful completion of the newbuilding program combined with the new alliance with A.P. M?ller - Maersk have placed Norgas Carriers and Maersk, with the joint venture MNGC, in a market leading position. The Norgas fleet currently consists of 19 gas carriers (18 with ethylene carrying capacity), has about 150,000 cbm capacity and, with these new vessels, the average age of the fleet has been reduced to 16 years.
The total delivered cost (incl. of all pre delivery cost such as supervision and financing cost during construction) is about $ 21.5 million per vessel and IMSK has expressed satisfaction with the cost of the vessels and the quality of the work of the shipyard. All tests and trials performed have exceeded the company?s expectations and the six-ship series are the first ethylene gas vessels built by this shipyard.
The vessels are part of IMSK?s commitment to China. They are built in China, owned by a Chinese company and sail under Chinese Hong Kong flag.
