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ADNOC L&S Adds Five New Very Large Gas Carriers to Fleet

Apr 13, 2023

United Arab Emirates' ADNOC Logistics & Services (ADNOC L&S) has expanded its fleet with the deployment of five new-build Very Large Gas Carriers (VLGC), state news agency WAM reported on Thursday.The carriers of the shipping and maritime logistics arm of state oil giant Abu Dhabi National Oil Company each have a capacity of 86,000 cubic metres. The carriers were built at Jiangnan Shipyard in Shanghai…

BW LPG Sells Very Large Gas Carrier for 'Attractive' Price

Apr 16, 2021

Singapore-based gas carrier operator BW LPG has sold Very Large Gas Carrier (VLGC) BW Empress.BW Empress was built in 2005 and has a carrying capacity of 77,330 CBM. 'The sale has generated approximately US$ 40 million in liquidity and an expected net book gain of approximately US$ 10 million…

U.S. LPG Gas Exports Up in Q1

May 24, 2019

North American liquefied petroleum gas  (LPG) export capacity is forecast to grow considerably over the next two years, said Dorian LPG.According to the LPG shipping company, bolstered by additional volumes out of Marcus Hook in the northeast U…

Current News

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Eco Wave Finds Partner for Wave Energy Project in India

Eco Wave Finds Partner for Wave Energy Project in India

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Sources say that European military supplier KNDS is considering an IPO in the midst of a boom in the defence sector.
Baker Hughes reports that the US oil and gas rig counts have reached their highest level since June.
Global equity markets mixed due to uncertainty over Trump's moves and geopolitical issues
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