High Shipping Costs Are Here to Stay, Says Bloomberg
By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers....
The vessels are scheduled to be delivered in the first half of 2014.
Lars Vang Christensen, CEO of Epic, said: “We are pleased to have contracted with Sasaki Shipyard, who also built two of our existing ships of the same size. The expansion of our fleet with modern and fuel-efficient high quality newbuildings substantiates our long standing commitment to meet growing requirements and needs of our customers.”
Epic owns a fleet of 16 pressurized LPG tankers ranging in size from 3,300 cbm to 7,200 cbm. In addition, they bareboat charter 6 additional LPG tankers.
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