Press Release – 15 Jan 2014
EPIC GAS EXERCISES KYUKOYO OPTION FOR TWO ADDITIONAL 11,000CBM FULLY PRESSURISED GAS CARRIERS
Singapore 15 January 2014 – Epic Gas Ltd. announced today that it has contracted to build two additional 11,000cbm fully-pressurised gas carriers at Kyokuyo Shipyard Corporation in Japan. In December 2013, Epic Gas announced a previous order for two similar-sized vessels from Kyokuyo.
Lars Vang Christensen, CEO of Epic Gas, states: “We are delighted to continue our relationship with Kyokuyo Shipyard Corporation,” and he highlights, “With these latest additions we continue to grow our fleet with the largest vessels in the pressurised segment.”
The two ships are scheduled for delivery in the second half of 2016 and in first quarter 2017. This latest order will bring Epic Gas’ count of similar-sized newbuilds to six vessels including two ships to be chartered in from Kumiai Senpaku.
About Epic Gas
Epic Gas, headquartered in Singapore, owns and operates a fleet of fully pressurised gas carriers providing seaborne services for the transportation of liquefied petroleum gas and petrochemicals. Including the newbuildings, the Company controls a fleet of 38 vessels which serve as a link in the international gas and petrochemical supply chains of leading oil majors and commodity trading houses throughout Asia, Europe, West Africa and the Americas.
Epic Gas also provides commercial and technical management for external owners.
Epic Gas Ltd.
Uta Urbaniak, +65 6230 7818
Chief Financial Officer