Oslo-listed BW Epic Kosan has snapped up a couple of cheap vessels while continuing to offload non-core tonnage.
The Singapore-based owner of midsize LPG carriers said two unnamed, 7,500-cbm pressurised ships were acquired at “well below current market prices” through a purchase obligation under a bareboat charter.
There were 64 ships at the end of the quarter, with 60 regarded as core vessels.