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Latest From LPG
Owner orders two 22,000 cu m vessels from Jiangnan Shipyard with options for another two newbuilds
In the short term, the Oslo-listed owner expected continued high US LPG exports to support the strong rates
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
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
The crew on the Wisdom Marine vessel retreated to the citadel and the master took evasive action
Charles Maltby is positive LPG demand and production will boost the ailing sector's earnings
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
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
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
The cargo is expected to reach Yeosu on August 1, according to Lloyd’s List Intelligence’s vessel-tracking system
Changing flag could be ‘one option’ for owner’s large liquefied natural gas carrier fleet, which is overwhelmingly flagged in Bermuda
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