Ravi Mehrotra’s Foresight Group has acquired 2009-built 80,800 cbm VLGC Progress from Belgium’s Transpetrol Maritime Services, according to brokers.
from Belgium’s Transpetrol Maritime Services, according to brokers.Both Clarksons and Seasure Shipbroking have reported that Foresight has paid in the region of $50m for the vessel, which has a market value of $49.04m on VesselsValue.
The sale leaves TransPetrol with two VLGCs in its fleet of nine vessels.
For Foresight the Progress will join the company’s other VLGCs, the 2008-built 83,800 cbm Sarv Shakti and 2008-built 80,186 cbm Surya Veerya. The Sarv Shakti (formerly Providence) was acquired earlier this year from Norway’s Avance Gas.
