The new vessel will be for the same shipping line as the last three ships ordered last year, and it will be equipped with a desulfurization unit that can pass through both new and old Panama Canals and can also respond to IMO 2020 SOx regulations.
Hanjin Heavy Industries has announced that it will construct 2 × VLGCs in their Philippines Facilities for EXMAR, the Belgian integrated gas shipping company.
As an innovative solution to address increasingly stringent emission restrictions in a more environment-friendly way, LPG as a fuel for the main engine will be installed on 2 VLGC new buildings.
DryShips, a diversified owner of ocean going cargo vessels, announced today that it has taken delivery of its fourth high specification very large gas carrier newbuilding.
Given the weak freight rate outlook for LPG shipping over the next twelve months, Drewry believes there is more downside risk to the second-hand values of VLGCs.
A wave of cargo cancellations from the US is putting additional pressure on VLGC rates, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.
WSS is moving to ensure that its customers’ vessels pass through the new Panama and Suez Canals with the optimum efficiency, speed and safety thanks to a fresh Ships Agency ‘canal transit’ solution.
Complete Wärtsilä Gas Cargo Handling Systems have been specified for a series of six new type Very Large Gas Carriers (VLGCs), as well as for two conventional VLGCs, and for three Medium Gas Carriers (MGCs). The ships are all being built in South Korea at the Hyundai Heavy Industries (HHI) and Hyundai Mipo Dockyards (HMD) facilities.
BW LPG Limited is pleased to announce that it has taken delivery of BW Libra, the fifth Very Large Gas Carrier (VLGC) in its newbuilding programme of eight VLGCs from HHI.