Belgium: EXMAR Confirms Sale of Two LPG Carriers

Business & Finance

Belgium - EXMAR Confirms Sale of Two LPG Carriers

EXMAR confirms the sale of the LPG/C CHACONIA (28,070 m³ – built 1990) and the LPG/C ELVERSELE (37,511 m³ – built 1996).

The vessels will be delivered to their new owners in April and July 2012, respectively.

The total net sale price amounts to USD 48,9 million. EXMAR will realise a capital gain of approximately USD 6,3 million on these transactions.

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Source: EXMAR, April 16, 2012