Markos News

Liquefied petroleum gas (LPG) shipping company Dorian LPG announced it has taken delivery of the newly built very large gas carrier (VLGC) Captain Markos from Japanese shipbuilder Kawasaki Heavy Industries.The 84,000 cubic meter capacity VLGC is a dual-fuel vessel capable of running on on LPG and low-sulfur fuel oil.The ship  is owned by a Japanese owner will be operated by Dorian LPG under a 13-year bareboat charter, trading in the Helios LPG Pool which Dorian LPG jointly operates with Phoenix Tankers Pte. Ltd., a wholly-owned subsidiary of Mitsui OSK Lines Ltd.

Members of the American P&I Club have elected the first director to come from The People’s Republic of China (PRC). At the annual meeting in New York, Lianyu Zhu of CCCC International Shipping Corporation, Tianjin, was elected to the board for the forthcoming year. Mr. Zhu’s company is a subsidiary of China Communications Construction Company, a major state-owned enterprise (SOE) which is, among other things, the largest port construction and design company in the PRC. The election highlights the American Club’s continuing growth in China in particular and Asia in general, supported by its Shanghai office which it opened in 2007. Servet Yardimci of the Yardimci Group, Istanbul, retired from the board, having been first elected a director in 2000. At the following board meeting, J.