MISC has taken delivery of its first of six very large ethane carrier (VLEC) built at Samsung Heavy Industries’ (SHI) shipyard in Geoje, South Korea.

Eastern Pacific Shipping (EPS) has ventured into a new sub-segment to purchase, build and operate very large ethane carriers (VLECs).

Tianjin Southwest Maritime and Jiangnan Shipyard have signed shipbuilding contract of two 98,000 cu m VLECs for Zhejiang Satellite Petrochemical.

Zhejiang Satellite Petrochemical has confirmed shipbuilding contracts for the construction of four VLECs with Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI).

Zhejiang Satellite Petrochemical ordered six VLECs at Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI).

China’s ICBC Leasing has entered into financing deals worth a total of $1.1bn with France’s Jaccar Holdings and Belgian reefer firm Seatrade for the construction of 10 ships.

Mitsui OSK Lines (MOL) has sealed a long term deal with India's Reliance for the transportation of liquefied ethane by very large ethane carriers (VLECs).