Evergas Rolls-out Largest Ethane Carrier in the World
Evergas announced that the first 85.000cbm very large ethane carrier (VLEC) was successfully undocked in China and will be delivered in the first quarter of 2019.Following the successful undocking of the first VLEC, the steel cutting of the second vessel was celebrated in the workshop of the leading Chinese shipyard, DSIC and shows our strong commitment to the emerging ethane market.These two VLECs will be delivered to INEOS Trading & Shipping to add to their existing fleet of eight Dragon class vessels, which will enable INEOS to grow their global ethane delivery capability.
Maersk Fluid Technology Sees SEA-Mate Order Influx
Maersk Fluid Technology (MFT) has reported a recent influx of orders for its SEA-Mate Blending-on-Board (BOB) system as confirmation of industry demand for technological solutions that enable ship operators to blend fit-for-purpose cylinder lubricant compositions on board their vessels that match actual engine operating conditions and fuel sulphur levels. The use of this type of technology can reduce cylinder oil consumption and alleviate issues such as cold corrosion and excessive cylinder wear, according to MFT.
Eletson, Evergas Form Shipping Alliance
Eletson Gas and Evergas announced an alliance of the two companies that will trade the companies’ semi-ref/ethylene capable vessels. The new venture, to be called the E3 Pool, will commence trading on the 30th of January from the Eletson offices in Piraeus and London and the Evergas offices in Copenhagen and Singapore. The new commercial venture will control the 15-strong fleet of modern gas carriers that are currently trading. It will be joined by a further four vessels to be delivered to Eletson over the next twelve months and will create a single point of contact for cargo owners.
Evergas Orders Four Ethylene Vessels
Copenhagen-headquartered gas tanker carrier Evergas has just ordered four ethylene/ethane newbuildings, with an option for two more. The contract for the four newbuildings, each sized 32,000 cu m, has also been signed by Hong Kong engineering company JHW Engineering & Contracting. Despite having dimensions similar to previous vessels, the new vessels have a bigger capacity. Evergas said it expects to start taking delivery of the carriers from the first quarter of 2018. The dual…
Evergas Acquires first Multigas LNG vessels
Evergas’ latest additions to its fleet, two ‘dragon class’ 27.500 cbm multigas LNG carriers, were successfully named today at a ceremony at the Sinopacific Offshore & Engineering (SOE) shipyard in Qidong, China. The state-of-the-art carriers were named JS INEOS INSIGHT and JS INEOS INGENUITY. Both vessels bear a distinct dragon symbolizing their Chinese and Western heritage. vessel JS INEOS INSIGHT is the King of Fire, reflecting a strong, vigorous and steadfast future ahead.
Wärtsilä 50DF Engine Operates on Ethane
The Wärtsilä 50DF marine engine has been tested and certified to run on ethane (LEG) fuel. The testing program was carried out by Wärtsilä in close collaboration with Evergas, an owner and operator of seaborne petrochemical and liquid gas transport vessels. "We are very pleased that the Wärtsilä engines will be capable of utilizing ethane boil-off gas as fuel. It increases our operational efficiency and improves flexibility in the bunkering of fuels. All in all it results in a significant reduction in operating costs, while also providing a minimal environmental footprint.
New CEO for Evergas
Mr. Jacobsen joined Evergas 1 February 2015 as Vice President, Fleet after almost 35 years in Maersk. He brings a wealth of leadership experience in both commercial and technical management, having amongst other positions headed Maersk Tankers fleet management for 9 years. Before that he held both operational and commercial leadership positions in Maersk Tankers, Maersk Contractors and Maersk Drilling. The Chairman of Jaccar Holdings Mr. Jacques de Chateauvieux says "I wish to…
BW LPG Poaches Ackermann
Mr. Martin Ackermann has been appointed as the Chief Executive Officer of BW LPG Limited. Mr. Ackermann is currently the CEO of Evergas. He will take up his new role at BW LPG in Singapore once his contractual commitments have been finalised, and BW LPG's current CEO, Mr. Nicholas Gleeson, will in due course return to his previous position as Chief Financial Officer of BW Group. Martin Ackermann has been CEO of Evergas since 2008, where he has led the rejuvenation of the former Eitzen Gas fleet, including the development of eight ethane carriers on long-term contracts.
Evergas & INEOS Expand Dragon Vessel Series
Evergas has reached an agreement with INEOS to expand its new-building series of ethane/multigas vessels from six to eight units. In January 2013, Evergas announced for the first time that it had secured shipping agreements of up to 15 years with INEOS for the worlds’ first transatlantic shipments of ethane with commencement in 2015. The fleet of eight vessels will bring US ethane from shale gas to INEOS’ manufacturing sites in Grangemouth, Scotland and Rafnes, Norway. This advantageously…
Jaccar Holdings & Hartmann form JV
Jaccar Holdings of Luxemburg and Hartmann Group of Leer, Germany, announce the establishment of a joint venture for the commercial management of ethane carriers. The new company, “United Ethane Carriers” or UEC, will be based in Singapore. Its purpose is to develop the ethane business, focusing on marketing, branding and commercial management of ethane carriers internationally. “We’ve known each other for a long time now, meaning that we also know and appreciate the other one’s strengths”, says acques de Chateauvieux, CEO of Jaccar Holdings.
Thome to Manage Its First DIS Vessel
Thome Ship Management has reached a new milestone by taking over the full management of its first vessel to be flagged under the Danish International Ship Register. The technical and crew management deal, signed with Danish ship owner Evergas, involves the 12,000 cubic metre ethylene carrier JS Greenstone which was placed under the Danish flag during a recent State visit by HM The Queen of Denmark and HRH The Prince Consort to China. A naming ceremony at the Sinopacific Offshore & Engineering (SOE) shipyard in Qidong was attended by Anne H.
Wärtsilä Receives Repeat Order from Evergas
Three new 27,000 cbm LNG/Multigas Carriers for Evergas, the Denmark based transporter of petrochemical gases and natural gas liquids, are to be built featuring the integrated Wärtsilä solution, comprising the main propulsion equipment, the gas fuel supply system, and the cargo handling system. This order is an extension of the one placed in 2013 for a series of three similar vessels. The ships are being built by the Sinopacific Offshore & Engineering (SOE) shipyard in China, and feature an advanced design that offers very high efficiency and unparalleled flexibility.
Wärtsilä Win Evergas LNG Carriers Contract
Wärtsilä to supply cargo handling package, dual-fuel engines & propulsion for Denmark's Evergas to be built at Sinopacific Offshore & Engineering in China. In addition to LNG, the ships will be able to carry and reliquefy Ethane and LPGs with the cargo handling package supplied by Wärtsilä. The vessels will operate primarily on liquefied natural gas (LNG) using Wärtsilä dual-fuel engine technology. This will enable them to comply with current and anticipated environmental legislation, including the International Maritime Organisation's (IMO) Tier III regulations.
Latest Global Shipbuilding Orders
There has been activity in the VLCC, Product Tanker, Container Ship, LNG Carrier, and Car Carrier newbuild markets. China Merchants Energy Shipping (CMES) are reported to have ordered three plus three 320,000 dwt VLCCs at Shanghai Waigaoqiao Shipbuilding with delivery from end of 2014. In the products sector, Clients of Metrostar Management have contracted six firm plus four option MR tankers from SPP Shipbuilding in Korea for delivery from end of 2014. These vessels replace a previous order for four 3,600 TEU container vessels originally placed by Metrostar in 2010.