Wednesday, November 4, 2020
Maritime News

World’s First LPG-Fueled Very Large Gas Carrier Completes Sea Trials

The world’s first liquefied petroleum gas-powered Very Large Gas Carrier (VLGC) has successful complete sea trials and is readying for its return to service. The ‘BW Gemini’, built in 2015,...

November 4, 2020
Total Views: 295

Tuesday, August 7, 2018
Interesting

U.K. MAIB Investigating Collision Between Containership and LPG Tanker Off Gibraltar

The U.K. Marine Accident Investigation Branch has launched an investigation into a collision between the UK registered container ship ANL Wyong and an Italian registered LPG tanker off the coast...

August 7, 2018
Total Views: 41

Thursday, August 25, 2016
Oil tanker "AS Oceania" sails past a LPG tanker near the Raffles Lighthouse in southern Singapore
Maritime News

Fully Laden VLGCs Gather Off Singapore

By Seng Li Peng Tankers full of liquefied petroleum gas (LPG) are gathering off Singapore waiting for buyers as a flood of supply from the U.S. and Saudi Arabia has...

August 25, 2016
Total Views: 4

Wednesday, December 9, 2015
News

BW LPG Joins Battle for Rival Aurora LPG

OSLO, Dec 9 (Reuters) – BW LPG, the world’s biggest liquid petroleum gas (LPG) shipper, has bought 12.1 percent of smaller rival Aurora LPG, potentially disrupting a hostile bid from...

December 9, 2015
Total Views: 6

Wednesday, September 3, 2014
gas defiance lpg carrier stealthgas
Maritime News

StealthGas Exercises Options for More Refrigerated LPG Carriers

LPG shipper StealthGas INC. (Nasdaq:GASS) announced today it has exercised newbuild options for two 22,000 cubic meter semi-refrigerated LPG carriers from an undisclosed South Korean shipyard. The deliveries are planned...

September 3, 2014
Total Views: 24

Thursday, July 17, 2014
gas defiance lpg carrier stealthgas
Maritime News

Vafias Optimistic that “Good Times are Ahead”

StealthGas announced today four new additions to their newbuilding program consisting of two Korean-built 22,000 cbm semi-refrigerated LPG carriers and two Japanese-built pressurized LPG carriers of 7,500 cbm and 7,200...

July 17, 2014
Total Views: 7

Tuesday, July 1, 2014
manifesto lpg carrier petredec

U.S. Shale to Drive LPG Ship Market, Latsco Shipping Says

By Paul Tugwell July 1 (Bloomberg) — Increased U.S. exports of liquefied petroleum gas amid higher shale oil production will boost demand for ships that carry gases such as propane,...

July 1, 2014
Total Views: 15

Monday, June 9, 2014
stealth gas sir ivor lpg carrier
Maritime News

Hyundai Mipo Gains LPG Carrier Newbuild Order

South Korea’s Hyundai Mipo Dockyard (HMD) announced today the winning of a newbuild order for a pair of LPG carriers. The order comes in at a total price of KRW...

June 9, 2014
Total Views: 3

Thursday, February 6, 2014
mt libramont lpg tanker
Maritime News

Exmar LPG Wins Long-Term LPG Charters, Regas Unit Ordered

Exmar LPG, the shipowning joint venture between Teekay LNG and Exmar NV, announced today the winning of long term charters for four of their midsize LPG carriers.

February 6, 2014
Total Views: 31

Friday, January 24, 2014
stealth gas sir ivor lpg carrier
Maritime News

NGL Traders Are Making Serious Bank Off U.S. Oil Boom

"Traders can make about $5 million profit on each U.S. propane cargo shipped overseas" - Philipps 66

January 24, 2014
Total Views: 56

Tuesday, October 29, 2013
dorian LPG
News

Scorpio Trades VLGC Newbuilds for Dorian LPG Stake

Dorian LPG Ltd., a pure-play LPG shipping company based in Stamford, Connecticut has entered into an agreement with Scorpio Tankers (NYSE: STNG) to acquire all eleven of Scorpio’s Very Large Gas Carrier...

October 29, 2013
Total Views: 11

Monday, October 7, 2013
manifesto lpg carrier petredec
News

Japanese Yards Win LPG Carrier Newbuild Orders from Petredec

Petredec, the Singapore-based LPG shipping firm has announced plans to expand their fleet of over 50 gas carriers with a newbuild order recently signed with Japanese yards Sasaki Shipbuilding and...

October 7, 2013
Total Views: 36

Tuesday, October 1, 2013
bow gallant
News

Odfjell Places Order for New LPG Carriers

Nantong Sinopacific Offshore & Engineering Co. has been awarded a USD $180 million contract from Odfjell for the construction of four 17,000 cbm LPG/Ethylene gas carriers with options for an...

October 1, 2013
Total Views: 10

Monday, September 30, 2013
manifesto lpg carrier petredec
News

Expanded Canal Could Mark the Beginning of the End for the Booming LPG Sector

Sept. 30 (Bloomberg) — The widened Panama Canal will cut costs to ship U.S. cooking and heating gases to Asia by shortening voyages, effectively lowering tanker demand just as yards...

September 30, 2013
Total Views: 7

Friday, August 23, 2013
propane gas flame
News

Traders Cash In On U.S. Propane Boom [REPORT]

By John Kemp LONDON, Aug 23 (Reuters) – The United States has emerged as a big net exporter of propane and other liquefied petroleum gases (LPGs), thanks to the shale...

August 23, 2013
Total Views: 20

Thursday, August 22, 2013
lpg carrier
News

Frontline 2012 to Join Avance Gas Holding in LPG Shipping Consolidation

Frontline 2012 signed a heads of agreement (HOA) today with Stolt-Nielsen Limited (Oslo Børs: SNI) whereby Frontline 2012 will become a shareholder in Avance Gas Holding Ltd (AGHL), an entity...

August 22, 2013
Total Views: 16

Wednesday, July 31, 2013
News

EXMAR LPG Joint Venture Adds Two Midsize Gas Carriers

Belgian gas shipping company EXMAR NV said Wednesday that its joint venture with Teekay LNG, EXMAR LPG, has exercised an option for two additional midsize gas carriers.

July 31, 2013
Total Views: 2

Wednesday, July 3, 2013
scorpio tankers
News

Scorpio Enters the Gas Transportation Market with $370 Million Newbuild Order

Scorpio Tankers Inc. (NYSE: STNG) has announced a big investment into the liquefied petroleum gas (LPG) transportation sector. The product tanker owner has just signed newbuild contracts for at least 5,...

July 3, 2013
Total Views: 2

Wednesday, May 29, 2013
News

Maersk Tankers Exits Gas Carrier Market, Sells Fleet to BW Group

(Bloomberg) — BW Group Ltd., the biggest owner of the largest liquefied petroleum gas carriers, will expand its fleet with ships valued at as much as $605 million as record...

May 29, 2013
Total Views: 69

Tuesday, May 28, 2013
Epic shipping lpg
News

Sasaki Shipyard Wins LPG Tanker Newbuild Orders

Singapore-based LPG shipper, Epic Pantheon International Gas Shipping Ltd. has contracted Sasaki Shipyard to build two 5,000cbm fully-pressurised LPG carriers. The vessels are scheduled to be delivered in the first...

May 28, 2013
Total Views: 4