This week, the South Korean yard said only that it had received an order for two LPG carriers and an ethylene carrier, without identifying the owner. TradeWinds understands Eletson is signing up for two 38,000-cbm ships at $51m each and a 12,000-cbm ethylene carrier fpr around $38m, all for delivery in 2017.

Eletson subsidiary Eletson Gas already has five HMD-built, midsize LPG carriers trading.