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Tankers and Gas Europe International

Epic Gas sees positive fundamentals in LPG sector

Epic Gas, an owner of 44 liquefied petroleum gas carriers, sees positive supply-demand fundamentals, with demand growth at about 4% and fleet growth low or negative. There are many vessels more than 20 years old that would be ideal scrapping candidates, its chief executive said

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The company made a loss of $2.9m in the third quarter of the year, which includes one-off costs of $3.2m related to fleet refinancing

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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