Gas shipping companies Epic Gas and Lauritzen Kosan have entered into a transaction agreement to combine their fleet and business activities under a single entity. The ..
Epic Gas
Epic Gas, Lauritzen create LPG giant
LPG shipping heavyweight Epic Gas, and Lauritzen Kosan A/S, the gas carrier division of […] The post Epic Gas, Lauritzen create LPG giant appeared first on Offshore Energy.
https://www.offshore-energy.biz/epic-gas-lauritzen-create-lpg-giant/
FEATURE | Dual-fuel LPG propulsion: A smart decision or a premature move?
BW LPG’s BW Gemini is the first of 12 vessels to get retrofitted with dual-fuel propulsion engines in China. On November 4, 2020, the vessel received class ..
The ..
Epic Gas Wraps Up Acquisition of 11,000 cbm Gas Carrier
Epic Gas has completed the acquisition of the Epic Sicily, a 2015-built pressurized vessel.
Epic Gas Refinances 20 Ships with USD 201 Mn Loan
The USD 201 million facility has a five-year term and includes a USD 10 million tranche for future acquisitions.
https://worldmaritimenews.com/archives/285021/epic-gas-refinances-20-ships-with-usd-201-mn-loan/
Epic Gas Refinances Two LPG Tankers
The company refinanced the vessels through a sale and lease back transaction with a Japanese ship owner.
https://worldmaritimenews.com/archives/282813/epic-gas-refinances-two-lpg-tankers/
Epic Gas Acquires Four LPG Carriers
- Epic Gas announced its acquisition of two of the four ships that it previously referenced in April 2019.
- They are modern second-hand 11,000cbm Japanese-built pressurized LPG carriers Kingcraft and Kisber were built-in 2015.
- The acquisition was financed with a combination of equity and debt, including a 7-year senior secured credit facility of US$ 63.9 million with BNP Paribas and Danish Ship Finance.
According to an article published in Marine Link, Epic Gas, the liquid petroleum gas (LPG)...
Epic Gas Adds Two Petredec Ships to Its Fleet
Another two ships are due to join the fleet in July and August.
https://worldmaritimenews.com/archives/280244/epic-gas-adds-two-petredec-ships-to-its-fleet/
Epic Gas Names New Chairman, Cuts Loss
Epic Gas has appointed a new Chairman as it narrowed its loss in the first quarter of the year.
https://worldmaritimenews.com/archives/276786/epic-gas-names-new-chairman-cuts-loss/
BW Group Grows Its Stake in Epic Gas
BW Group increased its stake in Epic Gas to 82.58% with the completion of its voluntary unconditional offer.
https://worldmaritimenews.com/archives/275285/bw-group-grows-its-stake-in-epic-gas/