LPG Interesting Moves (Released on 21 April 2016)

After completing an ethane voyage from Marcus Hook, JS Ineos Inspiration loaded her first LPG cargo (propane) at Ust-Luga, and is currently discharging in Rafnes.

There are several vessels that are scheduled to load in Algeria within the next few days, and are set to leave the Mediterranean:

  • Navigator Scorpio has been fixed by Glencore for a butane voyage from Arzew to Mombasa. She is currently loading the cargo at the terminal.
  • Vitol has fixed Sun Aries, who is currently waiting outside the port of Bethioua, to load a propane cargo and take it Far East.
  • Geogas’s Navigator Venus is expected to load butane in Bethioua ETA 23-Apr, and discharge in W. Africa.

Chevron, who usually transports LPG from W. Africa to Far East, has fixed the BW Broker for a voyage from Enterprise. Chevron’s Hellas Hercules, who loaded in Escravos 17-Apr, is headed to Suape ETA 26-Apr instead of Far East as she has been doing.

Petredec’s Cresques discharged a propane cargo at the PetroPort terminal on the Gulf Coast side of the Panama Canal on 9-Apr. Petredec’s Panamax, Clipper Victory, reexported a cargo from the same terminal the next day, passed through the Panama Canal, and transferred it via STS to Leto Providence 12-Apr. Leto Providence is currently on her way across the Pacific towards Japan.

As mentioned above, several cargoes are set to leave the Mediterranean region in the next week. Here is a month-by-month look at where Algerian tonnage has ended up during the current year. The April figure includes vessel movements forecasted by vessel  AIS or the market.

Below, our data shows that March has been the month with the highest LPG demand in Japan.

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