Epic Gas Orders Two

Epic Gas Ltd. announced today that, following the company’s recent order of two 11,000cbm vessels from Kyokuyo Shipyard Corporation in Japan, it has added two more similar-sized newbuilds to its expanding fleet.

The first vessel will be built by Sasaki Shipyard Co., Ltd. for delivery in 2015 and the second vessel by Kyokuyo Shipyard Corporation to be delivered in 2016.

“In line with the Company’s strategy of owning and operating a modern fleet the addition of these two fine vessels further reduces the fleet’s age profile as does the recently concluded sale of the 1991 built, 3,300cbm DP Azalea,” states Lars Vang Christensen, CEO of Epic Gas.

Epic Gas has also purchased two modern second hand vessels to be delivered in early 2014 – the 5,000cbm “Epic St. George” (ex “Gas Bali, 2007 built) and the 7,200cbm “Epic Barbados” (ex “Championship”, 2001 built).

[mappress]

Press Release, December 26, 2013