Epic Gas has agreed the sale of an 11,000-cbm LPG carrier newbuilding to an unnamed Japanese ship owning company.
The Singapore-based LPG specialist said it will take back the Epic Salina (built 2017) on a 10-year bareboat charter. Financial terms were not disclosed.
“This transaction has the advantage of increasing the company’s liquidity position whilst reducing the monthly financing cost,” Epic Gas said.
