VLGC

Live Webinar: BW LPG, Dorian LPG & Navigator Holdings To Discuss the LPG Sector Current Trends & Outlook

Retrieved on: 
Monday, November 21, 2022
Online, Marketing, Growth, BW Group, CFO, Nature, Ethane, Revolution, VLGC, Wind, Transport, Petroleum, Q&A, Baltic Exchange, Houston Ship Channel, BW, NYSE, Biofuel, LPG, Ammonia, LNG, Navigator, Navigator Gas, Investment, Propane, Natural gas, Petrochemical

Young, CFO - Dorian LPG Ltd. (NYSE: LPG)

Key Points: 
  • Young, CFO - Dorian LPG Ltd. (NYSE: LPG)
    Mads Peter Zacho, CEO - Navigator Holdings Ltd. (NYSE: NVGS)
    The LPG market shows solid fundamentals with a strong outlook for ammonia, LPG, and Petrochemical trades.
  • This webinar will discuss market trends, fundamentals, and the sectors outlook.
  • With five decades of operating experience in LPG shipping and experienced seafarers and staff, BW LPG offers a flexible and reliable service to customers.
  • BW LPG is associated with BW Group, a leading global maritime company involved in shipping, floating infrastructure, deepwater oil & gas production, and new sustainable technologies.

Mitsubishi Shipbuilding Completes Conceptual Design of VLGC Enabling Conversion of Main Fuel from LPG to Ammonia

Retrieved on: 
Friday, June 10, 2022
MHI, Goal, Classification, Ship, AIP, Nippon Kaiji Kyokai, Ammonia, Construction, LPG, Mitsubishi Heavy Industries, Equipment, Quality of life, GHG, International Code for Ships Operating in Polar Waters, Recycling, CO2, Carbon, Safety, Natural gas, Renewable energy, VLGC, Principle

The conceptual design of an LPG-powered VLGC enabling future conversion to ammonia fuel was developed based on Mitsubishi Shipbuilding's experience and expertise in the construction and delivery of more than 80 very large LPG carriers and multi-purpose gas carriers capable of carrying ammonia.

Key Points: 
  • The conceptual design of an LPG-powered VLGC enabling future conversion to ammonia fuel was developed based on Mitsubishi Shipbuilding's experience and expertise in the construction and delivery of more than 80 very large LPG carriers and multi-purpose gas carriers capable of carrying ammonia.
  • Creation of a design enabling conversion to ammonia fuel in line with future needs is expected to permit relatively small-scale ship retrofitting when use of ammonia fuel becomes a viable option.
  • Ammonia is expected to come into wide use in the future as a stable and clean source of energy.
  • Mitsubishi Shipbuilding's newest VLGCs, in addition to using LPG fuel as an alternative to the conventionally prevalent heavy oil, can also transport ammonia as cargo.

Dorian LPG Ltd. Provides Update for Fourth Quarter 2022 and Announces the Completion of a Japanese Financing Transaction and Fourth Quarter and Full Year 2022 Earnings and Conference Call Date

Retrieved on: 
Thursday, May 19, 2022
Company, Conversation, U.S. Securities and Exchange Commission, Annual report, Financial condition report, Result, Form 10-K, Nature, Form 10-Q, Sale, Cougar, VLGC, SEC, Risk, ECO, Analysis, Risk management

(2) Based on the midpoint of the preliminary projection for the fourth quarter ended March 31, 2022, included herein.

Key Points: 
  • (2) Based on the midpoint of the preliminary projection for the fourth quarter ended March 31, 2022, included herein.
  • On May 19, 2022, the Company completed the $70 million sale and leaseback of its 2015 built VLGC Cougar.
  • The financing has a 10-year term with purchase options beginning in May 2025, amortizes principal of $900,000 per quarter, and carries an interest rate of 2.45% over the 3-month secured overnight financing rate.
  • Information on the Company's website does not constitute a part of and is not incorporated by reference into this press release.

Global LPG Tanker Market (2022 to 2030) - Size, Share & Trends Analysis Report - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 24, 2022
Maritime, Transport, Logistics, Supply Chain Management, Revolution, Transport, Growth, Petroleum, LPG, COVID-19, VLGC, LGC, Quarantine, Attention, Cooking, Natural gas

Change in focus towards the production of shale gas is further projected to enhance market growth over the estimated period.

Key Points: 
  • Change in focus towards the production of shale gas is further projected to enhance market growth over the estimated period.
  • Very large gas carriers are widely used for the transportation of liquified petroleum gas (LPG) for longer distances across various countries.
  • The market is anticipated to have a steady growth in all segments as the amount of LPG transported increases.
  • This merger was done to stay competitive in the market and reduce the current competition
    View source version on businesswire.com: https://www.businesswire.com/news/home/20220324005640/en/

LPG in World Markets, 2022: Presents Country-Level Analysis of Supply & Demand, Shipping, Direction of Trade, Market Values, and More - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 10, 2022
Oil, Gas, Energy, Industry, LGC, Overalls, LPG, CIBC World Markets, Future Combat Systems Manned Ground Vehicles, VLGC, Propane

LPG in World Markets provides comprehensive information, analysis and data on the global LPG brokerage market.

Key Points: 
  • LPG in World Markets provides comprehensive information, analysis and data on the global LPG brokerage market.
  • The report provides global coverage of contract and spot LPG pricing, supply and demand, spot transactions, LPG shipping fixtures and trends, and monthly fundamentals data for the major LPG brokerage markets.
  • The study places particular emphasis on industry trends and fundamental analysis of trade flows and supply and demand.
  • Subscribers also receive the LPG Yearbook, released in the first quarter of each year, which summarizes and reviews the past year's events.

Dorian LPG Ltd. Provides Update for Third Quarter 2022 and Announces Third Quarter 2022 Earnings and Conference Call Date

Retrieved on: 
Wednesday, January 26, 2022
VLGC, Projection, Financial condition report, Annual report, Result, Form 10-K, Risk, Form 10-Q, SEC, Nature, Company, Analysis, Conversation, Petroleum, U.S. Securities and Exchange Commission, Risk management

STAMFORD, Conn., Jan. 26, 2022 /PRNewswire/ -- Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), a leading owner and operator of modern and ECO very large gas carriers ("VLGCs"), today updated its financial and operational outlook for the quarter ended December 31, 2021. The Company plans to issue a press release on Thursday, February 3, 2022 prior to the market open, announcing its financial results for the third quarter ended December 31, 2021.

Key Points: 
  • Based on the midpoint of the preliminary projection for the third quarter ended December 31, 2021 included herein.
  • The Company does not assume any obligation to update the information contained in this press release.
  • Dorian LPG is a liquefied petroleum gas shipping company and a leading owner and operator of modern VLGCs.
  • Dorian LPG has offices inStamford, Connecticut, USA; Copenhagen, Denmark; and Athens,Greece.

Vopak Moda Houston Commissions Its Fully Operational Marine Terminal in the Port of Houston

Retrieved on: 
Tuesday, December 14, 2021
Oil, Gas, Energy, Chemicals, Plastics, Rail, Maritime, Logistics, Supply Chain Management, Transport, Manufacturing, Vopak, Solution, EnCap Investments, LNG, History, Fertilizer, Life, Euronext Amsterdam, Sale, MIEC, LLC, Oil, Gas, Investment, Moda, Efficiency, Biofuel, Port, Hydrogen, Partnership, VLGC, Petroleum, Enbridge, Port of Houston, Ammonia, Royal Vopak, Moda Midstream, LLC, EnCap Flatrock Midstream, ROYAL VOPAK, MODA MIDSTREAM, LLC, ENCAP FLATROCK MIDSTREAM

Vopak Moda Houston, LLC today announced that its marine terminal in the Port of Houston is fully operational.

Key Points: 
  • Vopak Moda Houston, LLC today announced that its marine terminal in the Port of Houston is fully operational.
  • Formed in 2016, Vopak Moda Houston is a joint venture between Royal Vopak and Moda Midstream.
  • Designed to handle very large gas carriers (VLGCs), as well as smaller vessels and barges, Vopak Moda Houston is the only waterborne ammonia terminal in the Port of Houston with deepwater capabilities.
  • Vopak Moda Houston is directly connected via pipeline to the Port of Houston petrochemical complex, the nations largest and worlds second-largest petrochemical complex.

Dorian LPG Ltd. Provides Update for Second Quarter 2022 and Announces Second Quarter 2022 Earnings and Conference Call Date

Retrieved on: 
Wednesday, October 27, 2021
Financial condition report, Projection, VLGC, Annual report, Petroleum, Analysis, Result, Form 10-Q, U.S. Securities and Exchange Commission, SEC, USA, Nature, Conversation, Risk, Company, Form 10-K, Risk management

Based on the midpoint of the preliminary projection for the second quarter ended September 30, 2021 included herein.

Key Points: 
  • Based on the midpoint of the preliminary projection for the second quarter ended September 30, 2021 included herein.
  • The Company does not assume any obligation to update the information contained in this press release.
  • Dorian LPG is a liquefied petroleum gas shipping company and a leading owner and operator of modern VLGCs.
  • Dorian LPG has offices inStamford, Connecticut, USA;London, United Kingdom; Copenhagen, Denmark; and Athens,Greece.

Mitsubishi Shipbuilding Concludes Technical Cooperation Agreement with Namura Shipbuilding on LPG powered Very Large LPG/Ammonia Carrier Construction

Retrieved on: 
Thursday, August 5, 2021
Company, Carbon, Efficiency, MOL (company), Revolution, Ammonia, Engineering, VLGC, Transport, MHI, LPG, Quality of life, Knowledge, Mitsubishi Heavy Industries, Shipbuilding, Propane

Based on this agreement, Namura Shipbuilding will construct a LPG powered VLGCs on order from MOL Group.

Key Points: 
  • Based on this agreement, Namura Shipbuilding will construct a LPG powered VLGCs on order from MOL Group.
  • MHI originally concluded a basic agreement with Namura Shipbuilding in 2017 to form a business alliance in commercial ships(Note).
  • Under the newly concluded technical cooperation agreement, Mitsubishi Shipbuilding will not only provide Namura Shipbuilding with technical designs but also procure some equipment and support construction.
  • In this way, Mitsubishi Shipbuilding will provide comprehensive engineering services to support Namura Shipbuilding's successful construction of the large LPG/ammonia carrier for MOL Group.

Enterprise Loads Industry’s First LPG-Powered VLGC

Retrieved on: 
Thursday, December 17, 2020
Other Transport, Other Manufacturing, Maritime, Transport, Chemicals, Plastics, Oil, Gas, Manufacturing, Energy, Logistics, Supply chain management, Petroleum production, VLGC, Liquefied petroleum gas, Gas carrier

Enterprise Products Partners L.P. (NYSE:EPD) today announced that the first vessel powered by liquefied petroleum gas (LPG) has been loaded at the Enterprise Hydrocarbon Terminal on the Houston Ship Channel.

Key Points: 
  • Enterprise Products Partners L.P. (NYSE:EPD) today announced that the first vessel powered by liquefied petroleum gas (LPG) has been loaded at the Enterprise Hydrocarbon Terminal on the Houston Ship Channel.
  • The Very Large Gas Carrier (VLGC) BW Gemini, which had been retrofitted for dual fuel capabilities, was loaded with a record 590,000 barrels of LPG, including cargo and fuel.
  • View the full release here: https://www.businesswire.com/news/home/20201217005201/en/
    The BW Gemini VLGC is loaded with LPG at the Enterprise's EHT facility on the Houston Ship Channel.
  • Except as required by law, Enterprise does not intend to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.