Pan Ocean is being tipped as the preferred shipowner to scoop a single LNG carrier newbuilding tendered for by Portuguese utility Galp Energia.
Those following the business told TradeWinds that Pan Ocean is in discussions with Galp over a newbuilding at Samsung Heavy Industries in South Korea.
They said Celsius Shipping and Minerva Marine had also been competing for the business but talks now appear to be moving forward with Pan Ocean.
