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
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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