ICBC Leasing has sold two modern VLGCs to fellow Chinese finance house SPDB Financial Leasingfor an undisclosed price.
The ships are two of four sisterships on long-term bareboat charter to Shanghai-based VLGC owner Pacific Gas, which has them on long-term time charter to Chinese operator Oriental Energy (also known as Donghua Energy).
Two of the four ships were among the vessels that Oriental Energy, China's largest LPG importer, pulled from the Helios pool a year ago, citing a need to use the ships for proprietary cargoes.
