Jiangnan Bags 2 VLGC Order from Naftomar

November 4, 2015

 Naftomar Shipping And Trading Co. Ltd. Inc., which is engaged in shipping and trading liquid petroleum gas, contracted China’s Jiangnan Shipyard to build two Very Large Gas Carriers (VLGC), say local media reports.

 
The Voula, Greece-based company has ordered one 84,000 cu m , with an option to construct one more. Other contract details, financial details of the deal and the delivery date of the ship  were not revealed.  
 
According to Jiangnan Shipyard this is their first working relationship with Naftomar. 
 
Jiangnan Shipyard is the leading VLGC yard in China, with a total of 11 VLGC currently on order. Jiangnan is a subsidiary of China State Shipbuilding Corporation (CSSC).
 

Logistics News

Svanehoj Appoints Larsen President

Svanehoj Appoints Larsen President

188 Merchant Marine, Military Officers Graduate from USMMA

188 Merchant Marine, Military Officers Graduate from USMMA

Congressman Suozzi Delivers Keynote at Webb Graduation

Congressman Suozzi Delivers Keynote at Webb Graduation

International Chamber of Shipping Appoints John Denholm as Chairman of the Board

International Chamber of Shipping Appoints John Denholm as Chairman of the Board

Subscribe for Maritime Logistics Professional E‑News

Uber board accused of cutting corners in compliance leading to sexual harassment lawsuits
Sources say that the premiums for Russian ESPO blends are now near parity with ICE Brent in China due to weak demand.
There are some flights to the Middle East that have resumed but there is still disruption.