Epic Gas plots future growth

Singapore: Our sister site Maritime CEO interviews today the ceo of one of Singapore’s fastest growing shipowners, Epic Gas. Lars Vang Christensen has been ceo of the firm since May, presiding over a rapid fleet build up that sees the line boast a fleet of 36 pressurised LPG carriers today, including newbuilds.
 
Since Epic was formed 12 months back, LPG has suddenly become a hot sector in shipping, but Christensen is not concerned.
 
“The growth,” he said, “is in many respects because owners like us are seeking replacement tonnage and there is all this talk about shale gas and its use for LPG carriers – it is a combination of fleet renewal, a slow recovery of the world’s economy and shale gas.”
 
On future expansion plans, Christensen said, “If business allows we may place more orders.”  
 
For the full interview click here. [10/01/14]
 

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