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* Sri Lanka's Laugfs buys third LPG carrier vessel for US$ 2.875 mn
Fri, Jan 6, 2017, 12:34 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 06, Colombo: Laugfs Maritime Services, fully owned subsidiary and the maritime arm of Sri Lanka's Laugfs Gas has purchased another Liquefied Petroleum Gas (LPG) carrier vessel for US$ 2.875 million.

The vessel renamed "Gas Courage" under the Sri Lankan flag is the third vessel of Laugfs Maritime Services.

The company said in a stock exchange filing Laughs Maritime Services is operating as a project approved by the Board of Investments of Sri Lanka to carry out a sea cargo operation services.

Laugfs Maritime Services purchased its second Liquid Petroleum gas carrier vessel "Gas Dorado" with a total investment of US$ 6.0 million in October 2015.

Its maiden acquisition of LPG ship MT "Gas Challenger" was made in 2014 marking its entry into maritime business.

 


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