Avance Gas Holding Ltd. announced the successful sale of the Very Large Gas Carrier (VLGC) newbuilding hull 2368 in connection with the delivery of her from Hanwha Ocean yard in South Korea. The VLGC with the intended name Avance Pollux was sold for an agreed price of $120 million less broker commission as previously announced in a press release dated December 8, 2023. The company expected to record a book gain and cash release of $36 million and $62 million respectively from the sale which will be recorded in the second quarter results.