Tag: LPG

Kawasaki Heavy Industries, Ltd. announced its delivery of the “ENEOS GUNJO”, an 86,700 m3 liquefied petroleum gas (LPG) and ammonia (NH3) carrier powered by LPG.

Avance Gas Holding announced that it has declared the option of the two mid-sized LPG/ammonia carriers (MGCs) from Nantong CIMC Sinopacific Offshore & Engineering Co, announced in June 2023.

NYK ( Nippon Yusen Kaisha) has announced the order of its sixth liquefied petroleum gas (LPG) dual-fuel very large LPG / liquefied ammonia gas carrier (VLGC) from Kawasaki Heavy Industries Ltd. (KHI). 

Marubeni Corporation, Biofuel technology research Co. and Tabuchi Kaiun Co., have jointly brought to fruition an initiative to supply a biofuel for vessels, which is a mixture involving approximately 24% biofuel combined with conventional bunker heavy oil (Very Low Sulphur Fuel Oil; VLSFO).

The 107th session of the IMO’s Maritime Safety Committee (MSC 107) approved Interim Guidelines for the safety of ships using liquefied petroleum gas (LPG).

Avance Gas has entered into a newbuilding contract with CIMC for the construction of two mid- sized LPG/ammonia carriers with dual fuel engines that can run on LPG as fuel in addition to compliant fuel oil.

During the 2023 GREEN4SEA Athens Forum, Mr. Nikos Xydas, Technical Director of the World LPG Association, highlighted that LPG as a marine fuel is a better choice among the other fuel options from a well-to-wake perspective.

Borealis and IINO Kaiun Kaisha, have signed a charter agreement for a dual-fuel liquefied petroleum gas (LPG) vessel, Oceanus Aurora. The vessel was ordered from IINO Lines in 2021 and delivered to Borealis 14 May 2023.

During the 2023 GREEN4SEA Athens Forum, Mr. Constantinos Chaelis, Global Gas Markets & Technology Lead, Lloyd’s Register, displayed a market outlook update on the LPG and ammonia gas value chains. 

Danish Ship Finance issued its latest Shipping Market Review report which focuses, among other things, on the LNG market and its outlook for 2023.