Tag: LPG

Asia Light Ends: Key Market Indicators for Nov 1-5

According to Platts data, Asia's light ends were mixed during mid-morning trade Nov. 1, as crude oil futures weakened, even as gasoline is getting...

Asia Light Ends: Key Market Indicators for Oct 25-29

  Aphtha demand remained supported by healthy margins, while LPG is taking a breather ahead of Saudi Aramco's announcement of November term Contract Prices, amid...

MOL Group Orders World’s Largest Ammonia-loadable LPG Vessels

Ships scheduled for delivery after 2023 MOL also to launch 90 LNG-fueled ships by 2030 Ammonia garnering attention as next generation clean fuel Mitsui...

BW LPG Announces Its VLCG Sale Deal

BW LPG Limited sells Very Large Gas Carrier (VLGC) BW Confidence, says a press release published on their website. About sale & delivery BW Confidence was...

What Alternative Do Future Fuels Use For Shipping?

The shipping industry has a vital role in a net zero carbon future. In response to the Paris Climate Accord, the International Maritime...

Wärtsilä Again Selected For Oriental Energy Vessels

Wärtsilä has been awarded the contract to supply the cargo handling and LPG Fuel Supply Systems for two new very large gas...

VLGC Rates Spike Amidst Vessel Demand In US

Very Large Gas Carrier, or VLGC, rates are set to rally further in the near term, as more vessels are diverted to the US...

Euronav Shocked By Lack Of Tanker Recycling

The lack of ship recycling in the tanker market has given the prevailing headwinds and low freight rates. low tanker rates induce owners to...

Recycling Halts At Alang Due To Shortage Of Oxygen

The Oxyfuel process is the most widely applied industrial thermal cutting process. The scrap prices are ruling at ₹36,800 a ton and 12...

ADNOC Expands Fleet With VLCC Duo

ADNOC Logistics & Services acquired two additional Very Large Crude Carriers (VLCC), bringing the total number of VLCCs added to its fleet in 2021...
error: Content is protected !!