Singapore-based Komaya Shipping has returned to Asakawa Shipbuilding of Japan for two 11,000-cbm pressurised LPG carriers.

The ships, set for delivery in 2014 and 2015, are being ordered against long-term employment with Vitol for five to 10 years.

Depending on specifications, they are said to be costing between $27m and $29m each.

Due to the weaker Japanese yen, shipyards in the country are becoming increasingly competitive, particularly in this segment.

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