Kumiai Navigation has added another VLGC newbuilding to its growing fleet.
The Singapore arm of Kumiai Senpaku has ordered an 84,000-cbm vessel at Kawasaki Heavy Industries (KHI). The newbuilding becomes the third LPG-fuelled VLGC ordered by the company at the yard.
Tomomaru Kuroyanagi, managing director of Kumiai Navigation, confirmed booking the LPG carrier.
“Due to tightening of environmental regulation and issues, demand for dual-fuelled VLGCs is accelerating I am confident that we are moving in the right direction…no matter how the market situation is,” said Kuroyanagi.