Maritime news
Monitor breaking maritime news and insights for profitable, efficient and safe shipping.
Tagged in VLGC
Hyundai Glovis takes delivery of dual-fuel LPG vessel
Hyundai Glovis will introduce two super-large gas carriers (VLGCs) to start its gas transportation business in earnest. Hyundai Glovis announced on the 27th that it held a naming ceremony for Taebaek Explorer at HD Hyundai Samho Shipyard in …
Apr 9, 2024 / Vessels
Avance Gas Holding Ltd (AGAS): Successfully completed the sale of Venus Glory
Avance Gas Holding Ltd. (Avance Gas) announce today the successful delivery of the 2008-built VLGC Venus Glory at a cash consideration of $66 million less ordinary broker commission of one percent as previously announced in a press release dated 3 …
Mar 5, 2024 / Curious
Avance Gas agrees one-year Time Charter for Avance Polaris
Avance Gas Holding Ltd (Avance Gas) (OSE: AGAS) on Wednesday announced that it has agreed a new one-year variable Time Charter for the dual fuel VLGC Avance Polaris (built 2022) with an energy major. Avance Polaris has been on a two-year …
Feb 29, 2024 / Vessels
PIS with BGN Adds Two Giant Gas Tankers, Supporting Energy Resilience and Global Market Expansion for Indonesia
Pertamina International Shipping (PIS) has strengthened its fleet by adding two Very Large Gas Carriers (VLGC), giant gas tankers optimized for transporting LPG both domestically and internationally. Named the VLGC Pertamina Gas Tulip and the VLGC …
Jan 16, 2024 / Vessels
Avance Gas Holding Ltd: Avance Gas agrees $66 million sale of 2008-built Venus Glory at estimated $27 million profit
Avance Gas Holding Ltd. (Avance Gas) (OSE: AGAS) has entered into an agreement to sell the Very Large Gas Carrier (VLGC), Venus Glory, built 2008, for a gross cash consideration of $66 million. The vessel is currently trading spot after completing …
Jan 3, 2024 / Vessels
World’s Largest Ammonia Carriers For Naftomar Shipping To Be Built By Hanwha Ocean And Classed By Bureau Veritas
The order of four VLGCs to be powered by ammonia will support the adoption of carbon-neutral fuels by the shipping industry and the development of supply chains for green hydrogen, with the seaborne carriage of liquid ammonia as a practical means to …
Dec 7, 2023 / Curious
WinGD collaborates with KSS Line for ammonia-fuelled gas carriers
Swiss marine power company WinGD has signed a memorandum of understanding with KSS Line to explore X‑DF‑A engines for future newbuild projects. The companies will focus on 52cm- and 62cm-bore versions of the dual-fuel ammonia engines, suitable for …
Sep 20, 2023 / Curious
Avance Gas extends the Time Charter for VLGC Pampero by Minimum 21 months
Avance Gas Holding Ltd (Avance Gas) (OSE:AGAS) has announced a new Time Charter for the VLGC Pampero. Pampero is currently on a 12-month Time Charter with a trader which expires in November 2023. The charterer has now agreed to a new Time …
Sep 1, 2023 / Curious
EPS celebrates naming ceremony for Company’s first VLGC - MV Logan Explorer
Eastern Pacific Shipping Pte. Ltd. celebrated naming ceremony in Korea for its first VLGC, MV Logan Explorer, according to the company's release. Built at Hyundai Samho Heavy Industries Co.,Ltd., this 86,000 cbm gas carrier will initially be …
Aug 24, 2023 / Vessels
Astomos deal gives Maersk Tankers traction in voyage management market
Astomos Energy, the biggest liquefied petroleum gas (LPG) distributor and trader in Japan, has chosen Maersk Tankers as voyage manager for, initially, five Very Large Gas Carriers (VLGCs). “We are honored to commence the partnership with Maersk …
Aug 22, 2023 / Curious