Japanese owner Iino Kaiun is banking a significant profit from the disposal of a 13-year-old VLGC against a background of strongly recovering rates.
The company said it had agreed to sell the 80,186-cbm Lotus Gas (built 2008), with the handover taking place between mid-May and mid-June.
The shipowner added that the gain on the deal will be ¥2.9bn
