98,000 m³ Dual-Fuel Ethane Carrier (VLEC) Solver

Underwrite acquiring Type-B cargo tank mega ethane gas carriers on 15-year fixed take-or-pay charters transporting US Gulf Coast shale ethane to global petrochemical steam crackers.

VLECs & Daily Charter Rate

Annual Cash & Net Dividend Yield

Annual Gross VLEC Ethane Carrier Revenue
$50,005,000 / yr
Net Cash Distributed to Investors (Post-Admin)
+$48,004,800 / yr (13.72% Cash Yield)
Petrochemical Offtaker Credit Rating
Formosa Plastics / Ineos 15-Year Take-or-Pay Guarantee