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Astomos to ship first carbon-neutral LPG in deal with Shell

Tokyo-based importer of liquefied petroleum gas plans to ship a carbon-neutral LPG cargo from Shell in a move to comply with decarbonisation targets

Credits from Shell’s global portfolio of nature-based projects will be used to offset lifecycle CO2 emissions generated across the value chain from production to consumption and combustion, including transportation

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BW Epic Kosan cautious about LPG shipping prospects

The transaction to form BW Epic Kosan increased the company’s fleet to 76 ships, including pressurised, semi-refrigerated and ethylene capable vessels

Newbuild VLGC orders already double 2020 total

A combination of factors underpins the recent ordering spree, but a key feature of recent contracting is the focus on LPG-fuelled vessels and their relative efficiency

Freight rates for LPG carriers bounce as market hopes rebound

Demand growth is expected to be strong in Asia driven by both the petrochemical and retail sector and also in Northwest Europe, Poten & Partners’ LPG consultant Shantanu Bhushan said. Recovery in the oil market would mean LPG becoming more competitive relative to naphtha as a feedstock which would mean better arbitrage economics between the US and Northwest European and Mediterranean regions.





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