Bulker owner and operator Jaldhi Overseas is moving into the gas segment with an order of two midsize LPG ships.

Speaking to TradeWinds, Jaldhi president and chief executive Suresh Kumar confirmed his company has ordered two 40,000-cbm dual-fuelled midsize gas carriers at China’s Jiangsu Yangzi-Mitsui Shipbuilding Co (Yamic), a tie-up between Yangzijiang Shipbuilding and Japan’s Mitsui E&S Shipbuilding.

Kumar said Jaldhi is very bullish on India’s gas consumption growth pattern.