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AP Moller arm linked to LOI for 10 very large ammonia carriers - TradeWinds

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AP Moller arm linked to LOI for 10 very large ammonia carriers | TradeWinds

Denmark’s AP Moller Holding is eyeing a move into gas shipping as it lines up an order for up to 10 very large ammonia carriers (VLACs) worth about $1.1bn.

Newbuilding sources said AP Moller interests have signed a letter of intent (LOI), with South Korean shipbuilder Hyundai Samho Heavy Industries to build four firm vessels of about 93,000 cbm that are capable of carrying a full cargo of ammonia.

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