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Time Charter Agreement for Avance Polaris

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Avance Gas Holding Ltd announced it has entered into a Time Charter Agreement for a period of 2 years for the first dual fuel VLGC, Avance Polaris, to energy major TotalEnergies.

The vessel is scheduled as planned for delivery ex-yard in South Korea in January 2022 and the time charter hire has a mechanism which gives both parties exposure to the market.

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