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...
View ArticleU.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,...
View ArticleVafias 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...
View ArticleStealthGas 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...
View ArticleBW 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...
View ArticleFully 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...
View ArticleU.K. MAIB Investigating Collision Between Containership and LPG Tanker Off...
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...
View ArticleRussian Port Set to Suspend LPG Exports Over Drone Danger
MOSCOW, June 2 (Reuters) – Russia’s Black Sea port of Taman is poised to suspend exports of highly-explosive liquefied petroleum gas (LPG) because of concerns linked to drone attacks, three sources...
View ArticleRussia Restarts LPG Exports via Crimea’s Kerch Port -Traders
MOSCOW, Sept 26 (Reuters) – Russian producers of liquefied petroleum gas (LPG) have restarted regular exports of propane and butane via the port of Kerch in Crimea after an eight-year hiatus, industry...
View ArticleIran Defies US Sanctions With Surging LPG Exports
By Patrick Sykes (Bloomberg) — Iran is defying US sanctions with surging exports of liquefied petroleum gas, the latest sign that American pressure is failing to dent the Islamic Republic’s energy...
View ArticleRussia Plans to Open Sea Terminal for LPG Exports to Asia by 2026
MOSCOW, May 22 (Reuters) – Russia will likely open its first liquefied petroleum gas (LPG) terminal on the Pacific Ocean coast with joint investments from China by the end of 2025, two...
View ArticleLPG Tankers Explode, One Linked to Iranian Gas Smuggling
In a dramatic scene off the coast of Bangladesh, two liquefied petroleum gas (LPG) carriers erupted in flames during a cargo transshipment operation on Sunday. Fortunately, injuries were averted thanks...
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