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MAN B&W Gas New Liquid ME-GI Engine

The general-cargo carrier newbuilding will be designed by FKAB in Gothenburg, Sweden and powered by MAN Diesel & Turbo’s new Liquid ME-GI engine running on LPG. Pictured here is another FKAB design for an LNG feeder vessel. Image courtesy MAN Diesel & Turbo.

MAN Diesel & Turbo introduced its Liquid ME-GI (Liquid Gas Injection) engine. The Liquid ME-GI is powered by LPG (Liquid Petroleum Gas), a smaller market than LNG but of significance in certain segments such as the small tankers that ply river traffic and coastal shipping routes. The Liquid ME-GI is a variant of MAN Diesel & Turbo‘s ME-GI engine, whose control and safety system is based on the experience gathered since the mid-1990s at working gas plants, including a 12K80MC-GI-S in Japan, and the development of a VOC (Volatile Organic Compound) engine in the late 1990s. The announcement follows closely on the company‘s announcement last autumn that a full-scale type test for its ME-GI concept would take place at its test centre in Copenhagen in 2011. All MAN Diesel & Turbo electronically controlled ME engine types are available in dual-fuel versions with the LPG-fuelled version designated ME-LGI. The Liquid ME-GI engine‘s performance is equivalent in terms of output, efficiency and rpm to MAN Diesel & Turbo‘s successful ME-C and ME-B series of engines. As the Liquid ME-GI engine‘s fuel system has few moving parts, it is also more tolerant of different fuel types and accordingly can run on DME (DiMethyl Ether). DME can act as a clean fuel when burned in suitably optimised engines


Dorian Acquires ECO VLGC Challenger

LOGO

  Dorian LPG Ltd., a leading owner and operator of modern Very Large Gas Carriers ("VLGCs"), reported today that it took delivery of the ECO VLGC Challenger from Hyundai Samho Heavy Industries.  The Challenger is Dorian LPG's 18th newbuilding delivery. The Challenger will trade in the Helios LPG Pool. With the acquistion of this newly-delivered Challenger, Dorian LPG currently owns and operates 21 modern VLGCs and one pressurized LPG vessel


Stealthgas Takes Delivery of LPG Carriers

Stealthgas Inc. took delivery of the M/V Sea Bird II on May 18, 2007, the M/V Gas Renovatio on May 29, 2007, the M/V Gas Icon on June 27, 2007, and the M/V Chiltern on June 28, 2007, four LPG carriers that it had previously announced its agreement to acquire, expanding its current fleet to 33 vessels, with a carrying capacity of 141,912 cbm. The M/V Sea Bird II is a 1996 built, 3,518 cbm Fully Pressurized LPG carrier and is employed under a two-year bareboat charter until May 2009 to an


Braemar Acquires LPG Connect

Braemar Seascope Ltd, the shipbroking arm of Braemar Shipping Services plc, has acquired the LPG broker and consultant LPG Connect International to form a product broking division called Braemar LPG Connect, to take effect from April 21st, 2009. Braemar LPG Connect will be located in Braemar Seascope’s London office and will be headed by Stuart Anderson who will also be part of Braemar’s Gas Department team, with Allison Isaac-Hierscher joining in operations


Dorian Rings Opening Bell Following NYSE Listing

From Left: Alex Ciaputa (DLPG Corporate Secretary), John Lisee (DLPG Controller), Marina Hadjipateras (DLPG Corp Comm), Alex Hadjipateras (DLPG EVP Business Development), Ted Young (DLPG CFO), John Hadjipateras (DLPG Chairman/CEO), John Lycouris (DLPG (USA) President), Oivind Lorentzen (DLPG Director, Seacor CEO), Peter Hadjipateras (DLPG, Corporate Development Manager), Nigel Widdowson (DLPG, Director)

Dorian LPG Ltd. opened the New York Stock Exchange (NYSE) on Friday, May 9, 2014. The company’s senior management members and directors stood on the NYSE balcony as Dorian CEO, John Hadjipateras rang the bell. The bell ceremony followed the company’s New York Stock Exchange pricing on Wednesday and first day of trading Thursday. Dorian LPG is a liquefied petroleum gas shipping company and an owner and operator of modern VLGCs


Amid Commodity Crisis, LPG Emerges as Accidental Bright-spot

Liquefied Petroleum Gas, long a niche product used by the poor to cook and the rich to barbecue, has become a rare bright spot amid a broad commodities rout, riding on the wave of strong economic growth in India and parts of Southeast Asia.   LPG is best known to consumers as propane or butane used in heating appliances and vehicles. But it is also used in the petrochemicals industry and the electricity sector, acting as a replacement for diesel in generators and power stations.


LPG Carriers – Brighter Outlook

Increasing trade for LPG carriers forecasted Owners of LPG carriers can look forward to increasing trade in 2012, despite the uncertain economic environment and the dampening effect of the mild winter in the northern hemisphere according to Drewry’s latest LPG Forecaster.


MHI to Build 83,000 cu.m LPG Carrier for Astomos Energy

MHI-built LPG carrier: Photo MHI

Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for a very large liquefied petroleum gas (LPG) carrier able to navigate the Panama Canal from Astomos Energy Corp. The vessel is to feature MHI's world-class energy efficiency and outstanding versatility enabling it to flexibly accommodate the requirements of major LPG terminals. Completion and delivery are scheduled for the second half of 2015. The LPG carrier is to be built at MHI's Nagasaki Shipyard & Machinery Works


Dorian Takes Delivery of 'Constitution'

Eco VLGC Constitution

  Dorian LPG Ltd.  a leading owner and operator of modern Very Large Gas Carriers ("VLGCs"), reported today that it took delivery of the ECO VLGC Constitution from Hyundai Samho Heavy Industries. Constitution, Dorian LPG's eighth newbuilding delivery, will be operated in the Helios LPG Pool.  


Dorian LPG Takes Delivery of Five Newbuilds

Photo: Dorian LPG

 Dorian LPG Ltd took delivery of five vessels under our ECO-design VLGC newbuilding program, the Continental, the Constitution, the Commodore, the Cresques and the Constellation.   John Hadjipateras, Chairman, President and Chief Executive Officer, commented, "We took the delivery of five new Eco-design VLGCs this past quarter and are nearing the completion of the build-out of our fleet."  


Dorian LPG Post 3Q 2016 Profit

Courtesy Dorian-LPG

Dorian LPG Ltd. a leading owner and operator of modern very large gas carriers, today reported its financial results for the three months ended December 31, 2015. Highlights – Third Quarter Fiscal 2016   * Revenues of $93.3 million


Cautious Optimism in LPG Shipping: Dorian LPG

Photo: Dorian LPG

 Global liquefied petroleum gas (LPG) export volumes for the calendar 2015 reached 80 million metric tons, an 11 percent increase over the previous year.    U.S. LPG exports alone reached a record of nearly 21 million metric tons


LR Bags LAUGFS' Contract in Sri Lanka

Mr. W.K.H. Wegapitiya, Chairman of LAUGFS Holding Photo LR

Lloyd’s Register (LR), world’s leading engineering, technical and business services organization announced today that it has been appointed by LAUGFS Gas PLC (LAUGFS) to handle key safety and quality checks of the LPG terminal at Hambantota Port


Top 10 Shipowning Nations by Value

The data in this infographic contains all live and on order vessels. (Source: VesselsValue)

 VesselsValue has provided a list ranking the top shipowning nations by value, including the percentage change difference against 2015 figures. Although the order may not have changed much from last year, the standout winner appears to be Denmark as the only country on the list to increase


First LPG Carrier Order for MHI Shipbuilding

LPG carrier (Image: MHI)

Mitsubishi Heavy Industries Shipbuilding Co., Ltd., a group company of Mitsubishi Heavy Industries, Ltd. (MHI), announced it has received an order from Astomos Energy Corporation for a very large liquefied petroleum gas (LPG) carrier.   


Dorian LPG Acquires 'Commander'

Courtesy Dorian LPG

  Dorian LPG Ltd.  a leading owner and operator of modern Very Large Gas Carriers ("VLGCs"), reported today that it has taken delivery of the ECO VLGC Commander from Hyundai Heavy Industries. The Commander is Dorian LPG's 15th newbuilding delivery


NYK and Astomos Conclude Time-charter Contract for 12th VLGC

NYK gas carrier. Pic by NYK Line

 Nippon Yusen Kaisha (NYK)  concluded a time-charter contract for a new VLGC (very large gas carrier) with Astomos Energy Corporation, the world's pre-eminent liquefied petroleum gas (LPG) company.    The new VLGC will be built by Mitsubishi Heavy Industries Shipbuilding Co


MacGregor Wins Orders for Pusnes Deck Machinery

Pusnes Deck Machinery (Photo: MacGregor)

MacGregor, part of Cargotec, announced it has secured orders for a series of Pusnes deck machinery packages for several shipowners. The Pusnes equipment has been specified for different ship types that are going to be built by the Hyundai Group and Sungdong Shipbuilding & Marine Engineering


G E Shipping to Acquire Tanker

Courtesy G E Shipping

  The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a Medium Range Product Tanker of about 48,000 dwt. The 2005 Japanese built vessel, to be renamed “Jag Padma”, is expected to join the Company’s fleet by January 2016.


TMS Cardiff Orders Two More LPG Carriers

Pic by TMS Cardiff Gas Ltd

 The Economou family's TMS Cardiff Gas Ltd.  has exercised options on its contracts with Hyundai Heavy Industries of Korea for the construction of an additional two 78,700 cbm LPG carriers.   Both vessels are scheduled for delivery in Q4 2017


Drewry: LPG Shipping Rates Heading for a Fall

VLGCs supply-demand gap (Source: Drewry Maritime Research)

LPG shipping rates are expected to decline from the second half of 2016 as a bloated orderbook for VLGCs (very large gas carriers) fuels fleet growth that will far exceed shipping demand, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.


Wilhelmsen Ship Management, Aurora LPG form JV

  Wilhelmsen Ship Management (WSM) announced a joint venture agreement with Aurora LPG Holding ASA (Aurora) for the technical management of Aurora's VLGC fleet. The joint venture will be named "Aurora Wilhelmsen Management Ltd" and will be incorporated in Hong Kong.


Readers’ Choice: Top 10 Maritime Stories of 2015

CMA CGM Benjamin Franklin (Photo: CMA CGM)

Per usual, the year 2015 was an eventful one for the global maritime market, with a number of historical firsts and technological breakthroughs, a year fraught with triumph and tragedy, As 2015 comes to a close we look here at the 10 stores ..


Vard Brazil Shipyard Makes First Delivery

Barbosa Lima Sobrinho  7,000 m3 Fully Pressurized LPG Carrier Photo Vard

  Vard Holdings Limited, a global designer and builder of offshore and specialized vessels, has delivered its first vessel from the group’s newest shipyard, Vard Promar in Brazil, on January 8, 2016. The vessel, a 7,000 m3 fully pressurized Liquefied Petroleum Gas (LPG) carrier


G E Shipping Acquires Product Tanker

Photo Courtesy GE

The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a 2005-Japanese built Medium Range Product Tanker “Jag Padma” of about 48,000 dwt. The company had contracted to buy the ship in December 2015. With the inclusion of the vessel






 
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