The class organization American Bureau of Shipping (ABS) has granted the approval in principle (AIP) for the LNG Jumbo, two next generation gas carrier designs from the Chinese Jiangnan Shipyard Group ...

Mitsui O.S.K. Lines (MOL) has taken delivery of a new liquefied petroleum gas (LPG) dual-fuel very large gas carrier (VLGC), ...

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Avance Gas Holding Ltd. («Avance Gas» or «Company») (OSE: AGAS) refer to the announcement on August 15, 2024, to sell its VLGC fleet to BW LPG Ltd for $1,050 million. The sale of the Very Large Gas ...

BW LPG has secured three-year time charter-out contracts for two of its Very Large Gas Carriers, BW Tucana and BW Yushi, which commenced in January 2026. These deals lift the company’s fixed-rate time ...

Not all shipping sectors and shipping stocks are under pressure. Container shipping is mired in pessimism, crude and product tankers have disappointed, dry bulk is in the doldrums — but liquefied ...

BW LPG may report weaker than expected earnings for Q1 2024 due to the recent decline in VLGC spot rates. The company is pursuing a main listing in the US and expects to complete the process in Q2. BW ...

In August, Avance agreed to sell its VLGC fleet to BW LPG for a total consideration of $1,050 million. Despite weaker 2Q24 results, AVACF boasts the best daily OPEX and breakeven cash flow figures in ...

The Oceanus Aurora, a very large gas carrier (VLGC) owned by IINO Lines, and chartered by Borealis, was retrofitted in November in Rotterdam with two cylindrical sails from Norsepower. According to ...