Vietnam tanker owner buys two MISC ships

Vietnamese company spend FGAS Petrol’s fleet upgrade shows no sign of slowing down.

This week Hanoi-based FGAS Petrol has added its most modern ships to date, spending just under $33m on two seven-year-old chemical tankers from Malaysia’s MISC, adding the two 20,000 dwt s sister ships Bunga Lotus, and Bunga Lucerne.

The two ships will join a fleet of nine LPG and two two vintage VLGCs, which the Vietnamese owner added earlier this year.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.
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