India’s Bharat Petroleum Corp has concluded one year charters for two Indian-controlled VLGCs at firm rates often seen in that market.
The two vessels, which are both nearly 20 years old, and have been fixed for about the same rates as modern and more expensive VLGCs are currently earning.
Brokers say the 77,000-cbm Jag Vishnu (built 2002) has been taken at $1.05m
