Owner and operator of LPG carriers Dorian LPG is on track to exceed 13 million metric tons of LPG exports this year, which is roughly a 50% increase over 2013, the company said in its latest quarter results. The growth, supported by export terminal expansions in the US Gulf, has continued to drive high global fleet utilization and strong spot rates for VLGCs, Dorian said, adding, however; that there can be no guarantee that rates will remain at
these levels. As explained by the company, the recent decline in oil prices has not had any noticeable effect on demand for LPG shipping. “Based on the significant investments that have already been committed in export capacity in the Gulf, we have no expectations for any change in US export growth.
We further believe that the fundamentals that have propelled recent growth in global LPG demand remain largely unchanged as its attractive price levels and favorable environmental characteristics make it a preferred energy source for many sectors of the economy,” the company added. John Hadjipateras, Chairman, President and Chief Executive Officer, commented, “We made progress in Q2 2015, as we continued to build out our fleet with the delivery of the Corsair in late September. We currently own and manage a modern fleet of 5 VLGCs and one pressurized LPG carrier.” “With the delivery of the Corsair, we now have newbuilding contracts for the construction of 17 new fuel-efficient ECO-design VLGCs with scheduled deliveries between January 2015 and January 2016. As the U.S. continues to play a significant role in the LPG industry, we believe we are well positioned to take advantage of this future opportunity,” he added.
Lavora con noi
Isciviti alla newsletter
I più cliccati della settimana
Archivio blog
- ► 2024 (2695)
- ► 2023 (2311)
- ► 2022 (1425)
- ► 2021 (1236)
- ► 2020 (1389)
- ► 2019 (1517)
- ► 2018 (1670)
- ► 2017 (1497)
- ► 2016 (2092)
- ► 2015 (3095)
-
▼
2014
(3037)
-
▼
novembre
(294)
-
▼
nov 09
(9)
- Westports running out of terminals
- Voglia di crescere, la seconda fase di un bel prog...
- The First Russian Specialised Exhibition and Confe...
- Regione Campania:"Disservizi nei trasporti? Inviat...
- Finnlines climbs profitability ladder
- Dorian’s LPG exports on track
- DCT Gdansk finds funding for expansion
- Anticipazioni sul piano industriale di Finmeccanica
- A Torre del Greco per il Campionato V zona per la ...
-
▼
nov 09
(9)
-
▼
novembre
(294)
Translate all the news into your language
I più cliccati degli ultimi 30 giorni
-
14 marxo 2025 - Fincantieri e Norwegian Cruise Line hanno celebrato, presso il cantiere di Marghera, la consegna di Norwegian Aqua, la prima...
-
14 marzo 2025 – Addetti all’accoglienza, consulenti vendita crociere, animatori, grafici editoriali: sono le figure professionali ricercate ...
-
14 marzo 2025 – La BMT di Napoli, che annuncia la fine del lungo inverno, è sempre il palcoscenico preferito da Grimaldi Lines per presentar...
-
5 marzo 2025 - BLG LOGISTICS e COSCO SHIPPING CAR CARRIERS hanno firmato un accordo di partnership strategica, concluso alla fine del 2024, ...
-
14 marzo 2025 - Il Presidente di Assomarinas Roberto Perocchio è alla presentazione, presso la Camera di Commercio di Catanzaro, del progett...
-
14 marzo 2025 - Blu Livorno. Biennale del mare e dell’acqua – da mercoledì 14 a sabato 17 maggio 2025 - è l’evento promosso dal Comune di Li...