Idan Ofer’s Eastern Pacific Shipping has fixed out a midsize LPG carrier in a deal that could be worth $5.6m in gross revenue.

Dubai trader BGN International has chartered the carriers the 38,000-cbm Manitoba (built 2016) for some $460,000 and $470,000 per month, which equates to between $15,100 and $15,500 per day.

Singapore-based Eastern Pacific ordered the Manitoba for $51m at Hyundai Mipo Dockyard in March 2014.