Search results for: Ethane

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  • 6 February 2019
    Business & Finance

    U.S. exports of ethane account for about one-sixth of the country’s hydrocarbon gas liquids exports.

  • 11 November 2016
    Business & Finance

    Classification society American Bureau of Shipping (ABS) has classed the recently delivered Ethane Crystal, the world’s first Very Large Ethane Carrier (VLEC) owned by Mumbai-based Reliance Industries Limited (Reliance). The Ethane Crystal was delivered to Japanese shipping company Mitsui O.S.K. Lines (MOL) from South Korean shipbuilder Samsung Heavy Industries (SHI) on November 9, 2016. The […]

  • 1 August 2014
    Business & Finance

    Enterprise Products Partners L.P. has executed an additional long-term contract to provide ethane storage, transportation, refrigeration and loading services from its new ethane export terminal that is currently under construction on the Houston Ship Channel.   With this new agreement, Enterprise now has long-term commitments for approximately 85 percent of the capacity of the ethane […]

  • 19 September 2019
    Business & Finance

    ABS is supporting the development of a fleet of 150,000 m³ ULECs, one of the biggest ethane carriers to be ordered.

  • 23 August 2019
    Business & Finance

    Ethane trade on the U.S.-China route has the potential to create demand for about 30 VLECs, Drewry said.

  • 28 August 2014
    Business & Finance

    Lloyd’s Register has issued a report entitled Seaborne Ethane: a Report into the Commercial Need and Technical Requirements for Very Large Ethane Carriers that looks at the commercial landscape, regulatory issues and technical realities of a new trade in ethane emerging as a result of increased US gas production – and the technology required for […]

  • 22 December 2016
    Business & Finance

    Classification society American Bureau of Shipping (ABS) informed that the Ethane Crystal, the world’s first very large ethane carrier (VLEC), loaded its first shipment of ethane cargo at Enterprise Products Partner’s Morgan’s Point Terminal in Texas. Delivered to Japanese shipping company Mitsui O.S.K. Lines (MOL) from South Korean shipbuilder Samsung Heavy Industries (SHI) in November 2016, the […]

  • 4 November 2014
    Project & Tenders

    Ineos ordered two additional ethane carriers known as “Dragon Ships” from Evergas.

  • 19 September 2019

    ABS launches the industry’s first LNG Cargo Ready notation for ethane carriers.

  • 29 March 2016
    Business & Finance

    Prompted by the downturn in the offshore oil and gas industry French offshore vessel contractor Bourbon has decided to acquire the activities of the global ethane transportation major with a market share greater than 50%. The decision comes at a very difficult moment in the offshore services sector which has pushed Bourbon to diversify its activities and pursue […]

  • 4 May 2015
    Business & Finance

    Wärtsilä 50DF marine engine has been tested in close collaboration with Evergas and certified to run on ethane (LEG) fuel, Wärtsilä said. “We are very pleased that the Wärtsilä engines will be capable of utilising ethane boil-off gas as fuel. It increases our operational efficiency and improves flexibility in the bunkering of fuels. All in […]

  • 16 September 2015
    Business & Finance

    International classification society Bureau Veritas is classing the 27,000 cbm JS Ineos Insight, the first in a series of eight multi-gas Dragon-class multigas carriers being built at Sinopacific, China, for Denmark’s Evergas, and the first ship ever to run on ethane. JS Ineos Insight was named on July 14 and is configured for transport of ethane, LPG or LNG. It […]

  • 28 October 2016
    Business & Finance

    Indian private sector company Reliance Industries Limited (Reliance) has inaugurated its first two very large ethane carriers (VLEC) in a ceremony held in Geoje, South Korea. Constructed by Samsung Heavy Industries (SHI), the 80,000 cbm vessels Ethane Crystal and Ethane Emerald are said to be the largest VLECs ever built to date. The ships, which feature […]

  • 10 November 2016
    Business & Finance

    Japanese shipping company Mitsui O.S.K. Lines (MOL) has taken delivery of the Ethane Crystal, the world’s first very large ethane carrier (VLEC) which was built for Mumbai-based Reliance Industries Limited (Reliance), from South Korean shipbuilder Samsung Heavy Industries (SHI). The 80,000 cbm Ethane Crystal is the first in a series of six VLECs ordered by Reliance from […]

  • 10 November 2016
    Vessels

    Mitsui O.S.K. Lines said the newbuilding very large ethane carrier Ethane Crystal has been delivered by Samsung Heavy Industries on Wednesday, November 9, to India’s Reliance Industries.

  • 16 September 2015
    Business & Finance

    International classification society Bureau Veritas is classing the 27,000 cbm JS Ineos Insight, the first in a series of eight multi-gas Dragon-class multigas carriers being built at Sinopacific, China, for Denmark’s Evergas, and the first ship ever to run on ethane. JS Ineos Insight was named on July 14 and is configured for transport of ethane, LPG or LNG. It […]

  • 30 March 2017

    Australian provider of liquefied natural gas is looking to expand into new and existing markets through the development of its cryogenic ethane business.

  • 23 December 2013
    Business & Finance

    Navigator has entered into a contract with Jiangnan to construct a 35,000 cubic meter gas carrier for delivery in April 2016. This vessel will be the largest ethane gas carrier on the market enabling efficient transportation to customers for this essential petrochemical feedstock. The Company has an option agreement for the construction of up to […]

  • 21 November 2017
    Business & Finance

    UK’s chemicals company INEOS has signed a long-term supply deal to deliver ethane from US shale gas to China, utilizing the world’s largest ethane carrier. The agreement, reached with SP Chemicals, will involve the construction of a very large ethane carrier (VLEC) which is expected to be delivered in 2019. With a capacity of 95,000 cbm, […]

  • 10 August 2016
    Vessels

    Shipping company Navigator Gas said it has recently taken the delivery of its dual-fuel ethane carrier Navigator Aurora. The Navigator Aurora was delivered to the owner at Jiangnan Shipyard in Shanghai, China on August 2. According to Navigator Gas, the ethane carrier is capable to sail both on diesel fuel and liquefied natural gas (LNG). With a length […]

  • 10 March 2016
    Vessels

    Swiss-based Ineos said on Wednesday the LNG multi-gas carrier, Ineos Intrepid, left the Markus Hook terminal near Philadelphia carrying 27,500 cbm ethane.

  • 17 September 2014
    Business & Finance

    Jaccar Holdings of Luxemburg and Hartmann Group of Leer, Germany, have announced the establishment of a joint venture for the commercial management of ethane carriers. The new company, United Ethane Carriers (UEC), will be based in Singapore. As explained by Hartmann in a press release, its purpose will be to develop the ethane business, focusing […]