Epic Gas Seals Refinancing Deal for 14 LPG Carriers
Singapore-headquartered owner and operator of gas carriers Epic Gas has closed a contract for a new USD 90 million facility intended to refinance 14 LPG carriers.
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.
Oversupply Leads to Slide in LPG Freight Rates
Due to the ongoing oversupply in the pressurised market, the LPG sector has seen a further slide in average rates for smaller and older vessels in the past twelve months as the rolling average dropped off about 15% from the end of Q1 2015 for the smaller