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In 2019, they ended this contact form up acquired by Apollo Global Management, a private equity agency. This has allowed them to invest in new technological know-how and grow their functions.
Its vessel fleet is made up of a few extremely significant gasoline carriers (VLGCs), 19 midsized LPG carriers, and 10 totally pressurized carriers. The VLGCs were totally booked as of Might 2022, even though the Some others experienced a mean charter coverage of 78%. Extra importantly, two out from the a few VLGCs are new vessels, which ends up in bigger gas effectiveness and an extended turnover time for that vessels and reduced cash and maintenance expenditure within the close to term.
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