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LPG

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Latest From LPG

VLGC rates firm up amid Saudi supply worries

A number of shipments have been cancelled and many have deferred loadings as Saudi Arabia announced acceptances later than expected, on Wednesday, a broker said
LPG Saudi Arabia

Petredec orders up to four ethylene carriers

Owner orders two 22,000 cu m vessels from Jiangnan Shipyard with options for another two newbuilds

LPG Shipbuilding

BW LPG sees more balanced markets as it returns to black

In the short term, the Oslo-listed owner expected continued high US LPG exports to support the strong rates

Tankers and Gas LPG

StealthGas acquires two LPG ships

The acquisition of the vessels, one a newbuilding and the other a 2007-built, 38,000 cu m fully refrigerated vessel, marks StealthGas’ entry into new vessel segments

International Tankers and Gas

VLGC market has adapted to the Sino-US trade spat, says Avance Gas

Middle East LPG exports in the second quarter came up to 8m tonnes, up by 200,000 tonnes compared to the first quarter of 2019

International Tankers and Gas

Pirates shoot at LPG carrier off Nigeria

The crew on the Wisdom Marine vessel retreated to the citadel and the master took evasive action

Middle East and Africa Piracy and Security

LPG sector needs newbuild restraint, Epic Gas boss warns

Charles Maltby is positive LPG demand and production will boost the ailing sector's earnings

LPG Ship operations

Epic Gas reduces losses in second quarter on improved markets

Increasing demand in countries such as Bangladesh, Sri Lanka, the Philippines, Indonesia and Morocco is driving growth in the pressurised ship trade, the company said

International Tankers and Gas

Singapore releases Kunlun LPG carriers

One of the two liquefied petroleum gas tankers has left Singaporean waters and is headed for China, Lloyd’s List Intelligence vessel-tracking data shows

Singapore Tankers and Gas

LNG tanker count to surpass VLCCs by 2026, says Clarksons

Some $17bn of newbuilding orders have been placed for LNG tankers since the start of 2018, driven by trade expansion and high day rates, said Steve Gordon of Clarksons

International Tankers and Gas

Australia’s Prelude FLNG begins first LPG export

The cargo is expected to reach Yeosu on August 1, according to Lloyd’s List Intelligence’s vessel-tracking system 

Australia South Korea

GasLog halts Hormuz passages on UK and Bermudan advice

Changing flag could be ‘one option’ for owner’s large liquefied natural gas carrier fleet, which is overwhelmingly flagged in Bermuda

Middle East and Africa Iran
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