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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


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.


BW LPG Registers 10% Growth in VLGC Fleet

Photo: BW LPG Limited

 Less domestic petrochemical consumption of LPG would be positive for VLGC shipping as it would result in a greater surplus of LPG available for export.    However, it is still unclear whether this dedicated-feedstock ethylene (five new ethylene plants, two expansions) and propylene production capacity expansion will displace a portion of the olefin production currently coming from flexible-feedstock ethylene crackers (positive for VLGC freight)


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


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.


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."  


DryShips Expands to Gas Carrier Market with Four New VLGCs

Image: DryShips Inc.

 DryShips Inc. has agreed to enter into a "zero cost" LPG Option Agreement with companies controlled by its Chairman and Chief Executive Officer,  George Economou, to purchase up to four high specifications Very Large Gas Carriers (VLGC) capable of carrying liquefied petroleum


Laugfs Buys Third LPG Carrier Vessel

Photo: LAUGFS Holdings

 Laugfs Maritime Services, the shipping division of Sri Lanka’s Laugfs Gas,  has purchased its third Liquefied Petroleum Gas (LPG) carrier vessel for USD 2.875 million, reports  Lanka Business Online quoting company sources.  


Dryships to Expand into VLGC sector

The Table

DryShips Inc. announced today that, it has agreed to enter into a “zero cost” Option Agreement (“LPG Option Agreement”) with companies controlled by its Chairman and Chief Executive Officer, Mr. George Economou, to purchase up to four high specifications Very Large Gas


Petrofac Wins Oman LPG Project

Petrofac said it has signed a contract worth nearly $600 million with Salalah LPG SFZCO LLC (SLPG), wholly owned subsidiary of Oman Oil Facilities Development Company LLC (OOFDC), to undertake the engineering, procurement and construction (EPC) of its Salalah LPG extraction project in the southern


Nakilat Transitions LNG Mekaines to In-house Management

Mekaines  (Photo: Nakilat)

Nakilat has assumed full ship management and operations of Q-Max LNG carrier Mekaines from STASCo (Shell Trading and Shipping Company Ltd.) with effect from November 7, 2016, as part of the planned and phased transition announced on October 19, 2016.


Shipping Recovery Faces Supply/Demand Challenges

Photo: Maersk Line

The shipping industry faces a stormy road to recovery, with uneven supply/demand trends set to test the nerve of investors and operators, according to independent research and consultancy firm Maritime Strategies International (MSI). Addressing the Hansa Forum in Hamburg, Germany this week


World’s Largest Ethane Carrier Delivered

Ethane Crystal is the world’s first very large ethane carrier (VLEC) (Photo: SHI)

The world's first very large ethane carrier (VLEC), Ethane Crystal, has been delivered to India’s Reliance Industries Ltd. by South Korean shipbuilder Samsung Heavy Industries (SHI), representing a significant milestone for the gas shipping industry.


GE Signs MOU to Develop COGES LPG-Fueled Ferry Design

(Photo: GE)

GE Aviation’s marine gas turbine business signed a multilateral memorandum of understanding (MOU) to cooperate in the joint development of LPG-fueled ferry design. The ferry will feature GE’s compact and lightweight Combined Gas Turbine


Nakilat Transfers LNG Umm Slal to in-house Management

(Photo: Nakilat)

  cut Umm Slal_edited (greg d:)     Nakilat has assumed full ship management and operations of Q-Max LNG carrier Umm Slal from STASCo (Shell Trading and Shipping Company Ltd.) effective November 23, 2016, as part of the planned transition announced last month.


Vessel Oversupply to Persist in the VLGC Shipping Sector

Graph: Drewry Shipping Consultants Limited

 High scheduled deliveries and low demolition prospects will drive unwanted fleet growth of very large gas carriers (VLGC) in 2017 putting additional pressure on freight rates, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.  


Synectics Shows Offshore Success with Multiple Vessel Contracts

Global surveillance business Synectics has been awarded contracts for ten marine and offshore vessels including LNG Carriers, LPG Carriers and Floating Storage Regasification Units (FSRUs).   Scheduled for construction in South Korea and China


Dorian Adopts Shareholder Rights Plan

Dorian LPG’s Corvette Photo courtesy Dorian

 The Board of Directors of Dorian LPG Ltd. (NYSE: LPG) today adopted a shareholder rights plan and declared a dividend distribution of one preferred share purchase right on each outstanding share of Company common stock (each, a "Right")


Expanded Panama Canal Welcomes its 500th Neopanamax Transit

Photo: Canal de Panamá

 Less than six months after the inauguration of the Expanded Panama Canal, the waterway welcomed its 500th transit of a Neopanamax ship on Wednesday, highlighting the trust that Canal customers have placed in the route.   Performing the 500th transit was the container vessel YM Unity


Great Ships of 2016: Ethane Crystal

(Photo: SHI)

Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. This year 18 ships in total were honored, including many “world firsts.”   Ethane Crystal - World’s Largest Ethane Carrier


GE Shipping Contracts to Buy 2 Suezmax Crude Carriers

 The Great Eastern Shipping Company Limited (GE Shipping) has signed contracts to buy 2 Suezmax crude Carriers of about 157,000dwt each. The 2010 and 2011 built vessels are expected to join the company's fleet in Q4 FY17.   






 
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