Panamanian company Western Energy Inc Transport has moved to expand its fleet of mid-sized gas carriers with a newbuild order in South Korea.
Shipbuilding sources report a deal has been sealed at HD Hyundai Mipo for a 39,200 cu m unit delivering in the third quarter of 2027.
Western Energy is currently listed with one 36,000 cu m LPG carrier ordered at the same shipyard nearly a decade ago and delivered in 2018 for a reported $50m.
No price tag has been attached to the latest order. Hyundai Mipo also recently revealed contracts for two 45,000 cu m LPG carriers, with delivery due in the second half of 2027.
