Lpg News:

Hexagon Composites awarded major order in Iraq
Hexagon Composites` wholly-owned subsidiary Hexagon Ragasco has received an order of USD 13.6 million (around NOK 82 million) for the supply of LPG cylinders to Iraq. The order is for delivery in the second ...


Fitch Affirms Virgin Islands WAPA's Sr. and Sub Lien Bonds; Outlook to Stable
Fitch Ratings has affirmed the following ratings for the U.S. Virgin Islands Water and Power Authority :


Teekay LNG Partners Declares Distribution
Teekay GP LLC, the general partner of Teekay LNG Partners L.P. , has declared a cash distribution of $0.6918 per unit for the quarter ended March 31, 2014. The cash distribution for the quarter ended March ...


Nascent ethane market takes shape
Navigator Holdings has exercised options for three ethane-capable LPG newbuildings, and a new ethane export terminal in Texas has been announced. ...


VLGC rates hit new record high
Freight rates to haul LPG on very large gas carriers have hit a new record high. ...


Japan's trade deficit quadruples
Japan's trade deficit quadrupled last month compared to March 2013, as export growth slows and energy imports continue to rise.


CIT Provides $46.4 Million Financing to Epic Gas
CIT Group Inc. cit.com, a global leader in transportation finance, today announced that CIT Maritime Finance provided a $46.4 million senior secured credit facility to Epic Gas Ltd.


VLGC rates hit new all-time high
Rates to haul LPG on very large gas carriers on the Arabian Gulf-Asia Pacific route hit a new all-time high of $110.56/tonne last night on the Baltic Exchange. ...


US Poised for Major Methanol Construction, GTL North America Conference to Examine
Announcements of some 17 construction projects to build methanol-based gas conversion facilities in North America have been made in recent months, representing unprecedented investment in this global industry. ...


Oriental Energy to charter in four VLGCs
Chinese LPG trader Oriental Energy today announced it had signed a time charter contract with compatriot Shandong Shipping over four VLGCs. ...








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