The VLGC is the world’s first newbuilding vessel to use LPG as a primary fuel source.
https://worldmaritimenews.com/archives/277549/babcock-secures-work-on-first-lpg-fueled-newbuild/
VLGC
Hyundai LNG Shipping Orders Its First VLGC
Hyundai LNG Shipping (HLS) orders very large gas carrier (VLGC) at Hyundai Heavy Industries.
https://worldmaritimenews.com/archives/275341/hyundai-lng-shipping-orders-its-first-vlgc/
Kawasaki Heavy Secures VLGC Order from Kumiai Navigation
Japanese shipbuilding company Kawasaki Heavy receives a VLGC order from Kumiai Navigation.
MAN: LPG Engine to Power Chinese VLGC
Jiangnan Shipyard has ordered an LPG-burning MAN engine for an 86,000 cbm VLGC.
https://worldmaritimenews.com/archives/270283/man-lgp-engine-to-power-chinese-vlgc/
Hyundai Heavy to Build VLGC Duo for Latsco
Hyundai Heavy Industries received an order for two VLGCs from Greece-based Consolidated Marine Management.
https://worldmaritimenews.com/archives/263096/hyundai-heavy-to-build-vlgc-duo-for-latsco/
Could LNG shipping spot rates hit $250,000/day?
Spot day charter rates for LNG carriers have hit their highest levels since mid-2012 on the back of low prompt availability of vessels in both the Atlantic and Pacific basins.
This week, S&P Global Platts assessed Pacific and Atlantic day rates for LNG vessels at $140,000/day and $130,000/day, respectively, up 40% since mid-September, and nearly 3.5 times higher than a year ago when rates were still around $40,000/day.
The surge in rates indicates that LNG supply is growing faster than new ships...
http://blogs.platts.com/2018/10/19/lng-shipping-spot-rates-hit-250000-day/
G E Shipping Expands Fleet with Secondhand VLGC
G E Shipping has explanded its fleet with the addition of a secondhand VLGC.
https://worldmaritimenews.com/archives/260968/g-e-shipping-expands-fleet-with-secondhand-vlgc/