Kpler LPG (Decrease in U.S. Exports due to weather conditions)

Originally Released on 23 February 2017

Vessels
Americas
After delivering its cargo in Jorf Lasfar, Morocco, Vitol’s Clipper Odin went to Bioko and is expected to discharge its 21 kt cargo in Suape, ETA 24-Feb. 

After doing a STS in Aruba Anchorage, Trafigura’s VLGC BW Tucana headed to Corpus Christi. she is now waiting loaded in front of the port.

Africa

Aurora Shipping’s BW Fureyja has signalled for Port Said to cross Suez Canal, ETA 1-Mar. She has loaded its 46 kt cargo earlier in Kaarstoe LPG.

-Petredec’s Anafi is expected to discharge its 19 kt butane cargo in Port Elizabeth ex-San Gregorio, ETA 4-Mar. This vessel together with IOC’s BW Boss which is also expected in Port Elizabeth on 13-March, will make March an active month for this port.

Morroco experienced an active week with two vessels from the UK (Petredec’s Kingcraft and Vitol’s Al Wukir) and one LGC from the US (Petreded’s Pazifik, ex-Enterprise) discharging their butane cargoes.

Asia/Oceania

EP Shippping’s Ontario has started her first voyage and was expected to load in Hong Kong, but changed its route and according to the market, she will be available in SGP area 27-Feb.

above: Ontario diversion
Solvang ASA’s Clipper Sun crossed the SGP Area to discharge its 44 kt cargo (half butane, half propane) in Chiba Area, Japan, ETA 26-Feb, ex-Kaarsto LPG. This will be the first export from Norway to Japan since May 2016. 

Japan hit a new level of import with 548 kbd last week (+ 74%). There was a noticeable increase in the exports from the Enterprise.

above: Japanese imports from the US (by Origin Installation)

 

Pacific Ocean Voyages
19 loaded vessels are currently heading west across the Pacific Ocean toward Asia:
  • 11 are from Enterprise, 3 each from Nederland and Targa and 2 each from Freeport.
  • Of those with specified destinations, 10 are heading to Japan, 6 to S. Korea, 3 to China.
below: Voyages for vessels crossing the Pacific toward Far East:
below: Loaded vessels crossing the Pacific toward Far East:

 

Lowest US exports since January 2017
The delay in loading of several VLGC’s in Houston Channel because of bad weather last week led to the US experiencing the lowest level of exports since the beginning of the year 2017.
Above: the U.S. exports (by Origin Installation)
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