Belgian owner Exmar has agreed to buy back one of its Very Large Gas Carriers (VLGCs) from its lessor, effectively reversing a sale-and-leaseback deal that was initiated approximately five years ago. The Antwerp-based company stated that the 88,000 cubic meter vessel, named Flanders Innovation, is currently financed under a lease agreement that included a purchase option. The price for this option was set in Japanese Yen.