Epic Gas To Acquire LPG Carrier

Published: Apr 20 2017
Deal Summary

Epic Gas Ltd., an offshore services company, entered into an agreement to acquire a liquefied petroleum gas (LPG) carrier vessel.

The vessel was built in 2009 at Murakami Hide Shipbuilding. The vessel has a capacity to carry 7,500 cbm of LPG. Following the completion of the acquisition, Epic Gas’s total fleet will be increased to 42 vessels, with a total capacity of 276,400 cbm. The transaction will enable Epic Gas to increase its vessels fleet.

The vessel is expected to be delivered by the end of June 2017.

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