Exmar LPG, a joint venture between Belgian gas carrier Exmar and Canadian Teekay LNG Partners, has sold one of the two VLGC's in the carrier's massive LPG fleet. A smaller Midsize vessel has also been sold.
The two ships, built in 1993 and 1994, respectively, have capacities of 85,260 cubic meters and 35,754 cubic meters. Exmar gains a total of USD 10.4 million from the two transactions, while the joint venture Exmar LPG receives USD 30 million in total.
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