Helios LPG Pool LLC, an LPG vessel pool jointly operated by Dorian LPG and Phoenix Tankers Pte, has reached an agreement with Oriental Energy Company, a propane dehydrogenation plant (PDH) operators and importers in China, whereby Helios LPG will operate Oriental Energy’s eight VLGCs.
In addition, Helios LPG has entered into a COA with Oriental Energy covering their shipments from the United States Gulf.
“The Helios Pool will increase its market presence by a substantial number of ships and operate a significant cargo system for one of the largest PDH operators and importers of LPG to China.
” I am a strong believer in the potential of LPG as a fuel which can provide efficient clean energy and am very happy to have contracted with one of the most substantial and significant companies in the field of LPG, ” says CEO and Chairman John Hadjipateras .
Helios LPG commenced operations from offices in London and Singapore on April 1, 2015 and currently operates 21 modern VLGCs.