Page 4 - Anders Onarheim News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Maritime Activity Reports, Inc. December 14, 2020 BW Gemini is the world's first VLGC to run on LPG fuel. (Photo: BW LPG) BW LPG's BW Gemini, the world’s first Very Large Gas Carrier (VLGC) to be retrofitted with LPG dual-fuel propulsion, completed loading at Enterprise Terminal in Houston Monday.  BW LPG, part of BW Group, said Monday that the VLGC had completed its "historic" crossing of the Pacific Ocean on LPG propulsion on December 5. "BW Gemini is carrying a record load of 49,000 metric tons of LPG on a single keel. As the vessel refueled while loading and no addi...

BW Gemini [Image: BW LPG] Singapore-headquartered BW LPG Limited (OSE: BWLPG.OL) reports that BW Gemini, the world’s first Very Large Gas Carrier (VLGC) to be retrofitted to LPG dual-fuel propulsion technology (see earlier story, has successfully completed her historic crossing of the Pacific Ocean on LPG fueled propulsion, and completed her loading at Enterprise Terminal in Houston today. BW Gemini is carrying a record load of 49,000 metric tons of LPG on a single keel. As the vessel refueled while loading and no additional bunkering was needed, she has proceeded on her voyage. This turna...

LPG shipping rates hit 5-year high, topping $100,000 a day It is a painful time for owners of oil tankers and dry bulk carriers. But there are also bright spots amid the ocean shipping gloom. Not only is the container sector booming, but liquefied petroleum gas (LPG) shipping rates have just hit their highest point in a half-decade. On Friday, the Baltic Exchange assessed rates for very large gas carriers [VLGCs, LPG carriers with capacity of around 84,000 cubic meters] at $104,000 per day. That’s up from lows of under $20,000 per day as recently as July. On Wednesday, Argus assessed VLGC r...