Cash buyers are said by brokers this week to have acquired a VLGC controlled by Benelux Overseas of Greece for onward sale to Indian recyclers.
The 74,400-cbm Gas Spirit 1 (built 1980) is reported to have been acquired on an as-is Fujairah basis for around $600 per ldt, or about $12.2m.
The high price is said to take into account the significant amount of non-ferrous content on the vessel.
