VLGC deal for K Line

Kawasaki Kisen Kaisha's (K Line) new VLGC is ready to start a charter with a domestic energy company for Middle East gas imports.

The 82,200-dwt Galaxy River was delivered from Kawasaki's Sakaide Shipyard on Thursday.

It will perform a consecutive voyage contract with Japan Gas Energy Corporation.

The vessel will take LPG from the Middle East to Japan and other Asian countries.

K Line said: "In addition, due to the recent shale revolution, there has been a lot of LPG exported from the United States and this is expected to increase.

"In this connection, Galaxy River is fitted with the latest design that will enable her to pass through the Panama Canal after its expected expansion is completed."