The Connecticut Maritime Association (CMA) has announced that John C. Hadjipateras, chairman, ceo & president of the listed company Dorian LPG has been selected as its 2019 Commodore.
There was a butane gas leak after a very large gas carrier (VLGC) and an aframax tanker collided in Singapore waters early on Tuesday morning.
Pressurised LPG carrier owner Epic Gas is seeing signs of “green shoots” in the market even as it reports a wider Q2 loss.
Petredec has ordered up to four VLGCs from Jiangnan Shipyard in China.
Time charters have provided support for Navigator Gas in difficult times for the LPG shipping market with in remaining in the black in Q2.
Dryships has bought its first VLGC from its chairman and ceo George Economou for $83.5m.
Rates for LPG shipping are forecast to rise in 2017 despite declining fleet utilisation, against the backdrop of demand and fleet growth up till 2018, according to DNB Markets.