Japan’s Sasaki Shipyard delivers 7500m³ LPG tanker to Epic Gas

29 February 2016 (Last Updated February 29th, 2016 18:30)

Epic Gas has received the 7,500m³ liquefied petroleum gas (LPG) tanker Epic Borinquen from Sasaki Shipyard of Japan.

Epic Gas has received the 7,500m³ liquefied petroleum gas (LPG) tanker Epic Borinquen from Sasaki Shipyard of Japan.

The vessel built in January, 1970 will be delivered into a time charter for trading in Asia.

It measures at a length of 113m, breadth of 19m and bears the certification of the American Bureau of Shipping.

"The vessel built in January, 1970 will be delivered into a time charter for trading in Asia."

The vessel adds to Epic Gas’s existing fleet of 11 such vessels.

Sasaki Shipyard had earlier constructed and delivered a series of six vessels with two more orders in the pipeline.

Epic Gas, in February last year, had acquired the first of the six 11,000m³ vessels built by Sasaki shipyard and is long term bareboat chartered from Kumiai Senpaku of Japan.

This was followed by the delivery of the four 5,000m³ vessels including the Epic St. Croix and Epic St. Thomas in 2014 and the bareboat chartered in 11,000m³ Epic Sicily in 2015.

The acquisition of the vessels implicates the company’s attempt to establish high quality fleet of long term controlled assets across the full pressurised sector of 3,300m³ to 11,000m³ coupled with new building programme of two 7500m³ vessels and four 11000m³ vessels as well as an additional 11000m³ new building to be delivered under a bareboat charter to Epic Gas.