Epic Gas Adds Final LPG Newbuilding

Singapore-based owner and operator of pressurized gas carriers Epic Gas has taken delivery of the 11,000 cbm LPG carrier Epic Salina.

The final vessel in a series of eight pressurised LPG newbuildings, constructed by Japanese shipbuilder Kyokuyo Shipyard, joined Epic Gas’ fleet on March 29.

In January 2017, the company took delivery of the seventh newbuilding from the series, Epic Sardinia, which is under a long-term bareboat charter with purchase option. According to data provided by VesselsValue, the ship is owned by Japan-based shipping company Kumiai Senpaku.

“Since the first quarter of 2013 we have grown from 22 vessels of total capacity 99,500 cubic metre, to 41 vessels and 268,900 cubic metre today, a 270% increase. Our average vessel size has increased from 4,523 to 6,559 cubic metre,” Epic Gas said.

The company added that it remains committed “to providing a high-quality fleet of long term controlled assets across the fully pressurised sector of 3,300 – 11,000 cbm.”