Japan’s Nissen Kaiun is believed to have sold two elderly VLGCs to a Chinese player.
However, there are conflicting reports over the identity of the buyer of the 75,000-cbm Palanimala Gas and 86,000-cbm Kailash Gas (both built 1992).
Some industry sources cited Kunlun Holdings as being the buyer, but online databases differ.
“We heard Kunlun bought them.