FIRST 11,000CBM NEWBUILDING DELIVERED TO EPIC GAS

PRESS RELEASE

FIRST 11,000CBM NEWBUILDING DELIVERED TO EPIC GAS

Singapore, 23 February 2015

Epic Gas Ltd. announced today that the first of its six 11,000cbm newbuildings was delivered to the Company on 20 February 2015. The vessel was built at Sasaki Shipbuilding Co., Ltd. of Japan and is long term bareboat chartered from Kumiai Senpaku Co., Ltd. of Japan.

The vessel is part of the Epic Gas commitment to invest in a range of high quality vessels across the fully pressurised gas carrier sector, and has been immediately chartered into the intra-Asia LPG trade.

epic-sicily

 

The Company’s fleet of fully pressurised gas carriers is segmented as follows:

Number of vessels 3,300-4,100cbm 5,000-6,300cbm 7,200-7,500cbm 9,500-11,000cbm Total
In operation 14 11 10 3 38
To be delivered 0 1 3 5 9
Total 14 12 13 8 47

 

About Epic Gas

Epic Gas owns and operates a fleet of fully pressurised gas carriers providing seaborne services for the transportation of liquefied petroleum gas and petrochemicals. As the only owner and operator of fully pressurised gas carriers across the size spectrum of 3,500cbm to 11,000cbm vessels the Company controls a fleet of 47 vessels which serve the international supply chains of leading oil majors and commodity trading houses throughout Asia, Europe, Africa and the Americas.

Epic Gas Ltd.
ir@epic-gas.com
Cullen Schaar, +65 6230 7818
Interim Chief Financial Officer
www.epic-gas.com