Avance Gas (OSE: AVANCE) reports that VLGCs Breeze and Monsoon both have completed warranty repairs related to defective stern tube bearings, under supervision by Lloyds Technical Investigation Department.
Breeze left drydock at Jurong Shipyard, Singapore on 21 May 2015 at 11:00 local time and is currently undergoing final testing before commencing gassing up operations on May 28, 2015. Monsoon left drydock at Zhoushan Shipyard, China on 24 May at 05:45 local time and will carry out sea trials before commencing gassing up operations on 6 June 2015.
Both ships will be ready to load in the Middle East mid June 2015 and trade in the spot market.
For further queries, please contact:
Christian Andersen, President
Tel: +47 22 00 48 05 / Email: c.andersen@avancegas.com
Peder C. G. Simonsen, CFO
Tel: +47 22 00 48 15 / Email: p.simonsen@avancegas.com
ABOUT AVANCE GAS
Avance Gas operates in the global market for transportation of liquefied petroleum gas (LPG). The Company is one of the world's leading owners and operators of very large gas carrier (VLGC), and operates a fleet of nine modern ships and has a newbuilding program of five VLGCs. For more information about Avance Gas, please visit: www.avancegas.com.
This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.