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Petredec orders four LPG carriers at two Japanese yardsPetredec orders four LPG carriers at two Japanese yards

Petredec is continuing to expand its fleet of LPG carriers with an order for four 11,000 cu m vessels at two Japanese yards.

Marcus Hand, Editor

October 7, 2013

1 Min Read
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Singapore-headquartered Petredec said it had ordered two 11,000 cu m LPG carriers from Sasaki Shipbuilding and two from Kyokuyo Shipyard Corporation. The vessel deliveries are spread throughout 2015.

These vessels are fitted with Man B&W’s ME main engines and the hull form has been optimised for the vessel’s intended trading areas, which Petredec said allowed for a significant increase in cargo carrying capacity.

“The extra cargo capacity and superior speed and consumption, compared with the existing (large Pressurized) fleet, gives Petredec a huge competitive advantage,” said Giles Fearn, chief executive of Petredec.

The newbuildings will increase Petredec’s fleet of 11,000 cu m LPG vessels to six.

Earlier this year the company ordered three firm plus three options for 84,000 cu m VLGC newbuildings at Hyundai Heavy Industries (HHI).

About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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