Tag: VLGC

WinGD has signed a memorandum of understanding with KSS Line to explore X-DF-A dual-fuel ammonia engines for future newbuilds.

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). 

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. 

The world's largest Very Large Gas Carrier (VLGC) was unveiled in late April in Shanghai before being delivered to Singaporean owner Petredec Global by Jiangnan Shipyard.

Norway’s H2Carrier and Sweden’s Trelleborg Gas Transfer signed a Memorandum of Understanding (MoU) to cooperate on ship-to-ship ammonia transfer solutions.

Lloyd's Register granted Hyundai Heavy Industries an AiP for a VLGC design capable of using LPG as fuel. It is the first time the shipyard has received an AiP for LPG as a fuel design, as per the new IGC code.  This AiP opens up the way for VLGC operators, who are trying to limit GHG emissions. 

US-based shipping company Dorian LPG announced that it has entered into a memorandum of understanding with Hyundai Global Service, seeking to upgrade the main engines of up to 10 of the company's VLGCs to dual fuel technology, utilizing LPG as a fuel, in line with the upcoming 0,5% sulphur cap. 

A decrease in fleet growth can trigger the recovery from the second half of 2018 for VLGC owners, despite the fact that freight rates will not reach the levels seen during the bull run of 2014-15. 2017 was very challenging for VLGC shipping, because the large vessel supply pressured freight market.

Avance Gas informed that its VLGC "Passat" was involved in a minor collision with the anchored vessel "New Confidence" in the area of Pyontaek, South Korea on 31 January. The VLGC suffered some damages to its hull, but no crew or officers were reported as injured, on either ships. Furthermore, after the collision, no spill or pollution to sea or air is noted.