Unique Shipping of Hong Kong says it is done trimming its fleet after committing to sell its oldest VLGC.
The company is reported to have sold the Universal-built 80,000-cbm LPG carrier Oriental Queen (built 2004) for $40.3m.
The sale follows hot on the heels of a capesize bulker sale in January.
As with a high proportion of other VLGC sales in recent months, the ship is said to have gone to an unidentified buyer in United Arab Emirates.