Trader Trafigura is poised to control a fleet of six LPG-fuelled VLGCs after striking deals to fix newbuildings from two shipowners in Asia.
Shipping sources said Trafigura has entered charter agreements with Singapore’s Eastern Pacific Shipping (EPS) and South Korea’s SK Shipping for two dual-fuel, 86,000-cbm VLGC newbuildings from each company.
Details of the charters were not disclosed, but Trafigura is said to have fixed the VLGCs, which will be able to run on both LPG and conventional fuels, for five to seven years.
