Exmar Profits from LPG Carrier Sale

Maritime Activity Reports, Inc.

April 16, 2012

Exmar confirmed the sale of the LPG/C CHACONIA  (28,070 m³ - built 1990) and  the LPG/C ELVERSELE (37,511 m³ - built 1996). The vessels will be delivered to their new owners in April and July 2012, respectively.  The total net sale price amounts to $48.9 million.  EXMAR will realize a capital gain of approximately $6.3 million on these transactions.
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