{"id":3508,"date":"1980-12-02T14:27:14","date_gmt":"1980-12-02T14:27:14","guid":{"rendered":"https:\/\/exmar.com\/en\/?post_type=milestones&#038;p=3508"},"modified":"2025-02-25T13:25:01","modified_gmt":"2025-02-25T13:25:01","slug":"the-1980s-the-emerge-of-exmars-lpg-fleet","status":"publish","type":"milestones","link":"https:\/\/exmar.com\/en\/milestones\/the-1980s-the-emerge-of-exmars-lpg-fleet\/","title":{"rendered":"The 1980&#8217;s &#8211; the emerge of EXMAR&#8217;s LPG fleet"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"450\" height=\"250\" src=\"https:\/\/exmar.com\/wp-content\/uploads\/2024\/09\/Chaconia-11295.jpg\" alt=\"\" class=\"wp-image-3519\" srcset=\"https:\/\/exmar.com\/wp-content\/uploads\/2024\/09\/Chaconia-11295.jpg 450w, https:\/\/exmar.com\/wp-content\/uploads\/2024\/09\/Chaconia-11295-300x167.jpg 300w\" sizes=\"(max-width: 450px) 100vw, 450px\" \/><\/figure>\n\n\n\n<p>EXMAR grows in LPG, NH3 and ethylene segments by ordering four midsize vessels, and entering into joint ventures which include VLGCs and ethylene\/chemical gas carriers<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>1984 Tielrode design<\/strong><br>25,000m3 Boelwerf, Belgium<\/li>\n\n\n\n<li><strong>1990 Chaconia design<\/strong><br>28,000m3 Boelwerf, Belgium<\/li>\n<\/ul>\n\n\n\n<p>The 1980s &#8211; the emergence of EXMAR&#8217;s LPG fleet<\/p>\n\n\n\n<p>The 1980s saw EXMAR expand its gas carrier activities in LPG, ammonia and ethylene segments as owner, operator, charterer and international supplier to chemical and oil majors.<\/p>\n\n\n\n<p>EXMAR&#8217;s Midsize fleet came into being in 1986 through a joint venture involving four vessels with Norwegian shipowners Christian Haaland and Bergesen with the acquisition of three Very Large Gas Carriers (VLGCs),&nbsp;<strong>EXCALIBUR<\/strong>&nbsp;(75,500m3),&nbsp;<strong>EXTOL<\/strong>&nbsp;(71,300m3) and&nbsp;<strong>FLOREAL<\/strong>&nbsp;(85,600m3) in a joint venture with Bergesen. EXMAR&#8217;s involvement with these ships and joint ventures ended by 1987, with the company forming Metromar with John Frederikson&#8217;s operation Metrogas to charter and operate VLGCs. &nbsp;In the same year , EXMAR ordered 4 midsize LPG vessels (28,000 &#8211; 34,000m3 range) for delivery in 1989 &#8211; 1990. Two of these vessels were sold with the other two (<strong>CHACONIA<\/strong>&nbsp;and&nbsp;<strong>SOMBEKE<\/strong>) serving the fleet for over a decade.&nbsp;<\/p>\n\n\n\n<p>Metromar was a joint venture formed by EXMAR in 1987 with John Frederikson&#8217;s operation Metrogas. The purpose of this joint venture was to charter and operate Very Large Gas Carriers (VLGCs). This partnership was established after EXMAR&#8217;s involvement with previous joint ventures involving VLGCs ended in the same year.<\/p>\n\n\n\n<p>The formation of Metromar marked a significant step in EXMAR&#8217;s expansion in the gas carrier industry during the 1980s. It followed EXMAR&#8217;s earlier ventures in the LPG, ammonia, and ethylene segments, which included the acquisition of several VLGCs through partnerships with Norwegian shipowners.<\/p>\n\n\n\n<p>In addition to the VLGC operations, EXMAR and Metrogas also collaborated in the ethylene\/chemical gas carrier segment. Together, they acquired three 10,500m\u00b3 ships that were under construction in Italy. These vessels, named <strong>POLAR DISCOVERY<\/strong>,\u00a0<strong>POLAR ENDURANCE<\/strong>\u00a0and\u00a0<strong>POLAR BELGICA<\/strong>, were delivered in the late 1980s and early 1990s, joining EXMAR&#8217;s LPG fleet.<\/p>\n\n\n\n<p>This partnership with Metrogas through Metromar demonstrates EXMAR&#8217;s strategy of forming strategic alliances to expand its fleet and operations in the gas shipping industry.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>EXMAR grows in LPG, NH3 and ethylene segments by ordering four midsize vessels, and entering into joint ventures which include VLGCs and ethylene\/chemical gas carriers The 1980s &#8211; the emergence of EXMAR&#8217;s LPG fleet The 1980s saw EXMAR expand its gas carrier activities in LPG, ammonia and ethylene segments as owner, operator, charterer and international [&hellip;]<\/p>\n","protected":false},"featured_media":0,"menu_order":0,"template":"","class_list":["post-3508","milestones","type-milestones","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/exmar.com\/en\/wp-json\/wp\/v2\/milestones\/3508","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/exmar.com\/en\/wp-json\/wp\/v2\/milestones"}],"about":[{"href":"https:\/\/exmar.com\/en\/wp-json\/wp\/v2\/types\/milestones"}],"wp:attachment":[{"href":"https:\/\/exmar.com\/en\/wp-json\/wp\/v2\/media?parent=3508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}