India's Great Eastern Shipping has raided the second-hand market for another LPG carrier.

It said it had agreed to acquire a vessel of about 36,567 cbm built in 1996.

The owner did not reveal a price, but said it would be delivered in the first quarter of its 2019 financial year.

Two of three medium-sized LPG carriers built in that year to come close in size: Navitranso's 37,450-cbm Mar Pacifico and Carbofin's 37,314-cbm Solaro.