Astomos Energy Orders LPG Carrier

10 November 2010 (Last Updated November 10th, 2010 18:30)

Astomos Energy, a joint venture between Mitsubishi and Idemitsu Kosan, has ordered a very large-size LPG carrier (VLGC) from Mitsubishi Heavy Industries. According to reports, the vessel will cost $76m and is due for delivery in 2012-13. The order represents the first newbuild by

Astomos Energy, a joint venture between Mitsubishi and Idemitsu Kosan, has ordered a very large-size LPG carrier (VLGC) from Mitsubishi Heavy Industries.

According to reports, the vessel will cost $76m and is due for delivery in 2012-13.

The order represents the first newbuild by the Japanese company since its formation in April 2006, according to asiasis.com.

Astomos Energy has more than 20 VLGCs.