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Avance Gas secures ‘sustainability-linked’ funding for two VLGCs

The company said the very large gas carriers would emit around 39.5% less CO2 than a 2010 Korean-built VLGC designed to travel at 16 knots

The loan will be connected to Poseidon Principles carbon intensity targets and will finance two dual-fuel LPG newbuilds set for delivery over the next few months

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