TheSingapore-based company said the latest newbuilding is due for delivery in2016. No price details were disclosed.

Chief executiveGiles Fearn confirmed in a statement that the company continues to hold optionsfor three further sister vessels.

“There areother ships on order presently, but as the largest mover of seaborne LPGglobally, loading 15-20 VLGCs per month, we cannot allow ourselves to be overlydependent on tonnage providers,” said Fearn.

“With