Nissen Kaiun of Japan is further expanding its presence in the LPG business with an order for its first LPG-fuelled VLGC newbuildings worth close to $165m.
Shipbuilding sources identified Nissen as the owner behind an order for two 86,000-cbm gas carriers that Korea Shipbuilding & Offshore Engineering (KSOE) disclosed on 8 July.
They added that the order for dual-fuelled VLGC ships was a the first for Nissen.
