Hormuz Shipping Traffic Falls to Single Digits, Data Shows
Vessel transits at the Strait of Hormuz fell to seven on Thursday from 11 the previous day, preliminary ship-tracking data showed on Friday, well below the 10-day average of 15.
Singapore-based shipowoer/operator Epic Gas Ltd. announced today that Chief Executive Officer Lars Vang Christensen will be resigning from his position.
During the course of 2015, Charles Maltby, Executive Chairman of Epic Gas, will take over as CEO.
Mr. Maltby added, “Lars has led the team at Epic Gas to remarkable achievements over the last two years, establishing the Company as the industry’s leading pressurised LPG shipping business. We look forward to working ever more closely with our customers to further develop the business and expand upon our well established platform. On behalf of the Board of Directors, I would like to express our thanks to Lars for his efforts in delivering a larger Epic Gas, and wish him well with his future endeavours.”
Epic Gas owns and operates a fleet of 47 modern and high quality fully pressurized gas carriers providing seaborne services for the transportation of liquefied petroleum gas (LPG) and petrochemicals.
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