Capital Gas ship becomes the second non-sanctioned LNG carrier in over a year to take Red Sea route

An LNG carrier controlled by Evangelos Marinakis’ Capital Gas is sailing southbound through the Red Sea in ballast.

First non-sanctioned LNG carrier in over 12 months heads north through Red Sea

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Kpler data shows the 137,489-cbm steamship Trader III (ex-Puteri Intan Satu, built 2002) transited the Suez Canal over the weekend.

The steam turbine ship, which Capital Gas bought from Malaysia’s MISC in 2023 for about $35m, is listed on databases as on charter to Portugal’s utility company EDP.