Iino Kaiun Kaisha,ltd.TSE: 9119

Delivery of the First Very Large Ethane Carrier (VLEC) "IINO INEOS VESTÁ" for INEOS Europe AG

· Issued by Iino Kaiun Kaisha,ltd.
IINO Kaiun Kaisha, Ltd. (IINO Lines) is pleased to announce that the first of two dual-fuel Very Large Ethane Carriers (VLECs), named IINO INEOS VESTÁ (hereinafter "the Vessel"), which will be chartered out to INEOS Europe AG (headquartered in Rolle, Switzerland; hereinafter "INEOS")*¹on a long-term time charter contract, has been delivered today by HD Hyundai Heavy Industries Co., Ltd. (headquartered in Ulsan, South Korea) *².

Company analysis