GEV extends shipbuilding LOI

GLOBAL Energy Ventures has extended its letter of intent with shipbuilder Yantai CIMC Raffles Offshore to the end of the year, the Perth-based CNG hopeful said today.

GEV extends shipbuilding LOI GEV extends shipbuilding LOI GEV extends shipbuilding LOI GEV extends shipbuilding LOI GEV extends shipbuilding LOI

A graphic of GEV's planned CNG Optimum 200 ships

The contract price remains US$135 million to $140 million per ship and delivery schedule is 30 months.