Kpler LPG (Ethane Emerald’s switch back to ethane)

Originally Released on 24 August 2017

Vessels

Americas

This week, we are witnessing another 3 VLGC’s heading to FE via Cape of Good Hope:

  • Statoil’s Sunstar, ex-Freeport, to arrive at SGP Area by 24-Sept.
  • Sunoco’s Musanah, ex-Nederland, to arrive at SGP Area by 2-Oct.
  • Mabanaft’s Constitution, ex-Enterprise to arrive at SGP Area by 2-Oct.

For the third time since July, Morston completed her load via STS at Balboa Anchorage, this time with Clipper Victory, ex-Enterprise. She then proceeded to discharge her cargo at Chorrillo, and Clipper Victory is currently heading back to Freeport for reload, ETA 25-Aug.

Ethane Emerald is signalling for Suez, ETA 24-Aug. After her last ethane cargo delivery to Dahej in June, RIL’s VLEC stayed in India and delivered two propane cargoes to Aegis Mumbai, ex-Jamnagar Sikka. She is expected to load at Morgans Point later in the second half of September.


above: Ethane Emerald’s switch back to ethane

Middle East

After waiting at SGP Area for almost 3 weeks, Pacific Binzhou finally updated her AIS signal and is currently heading to Incheon. Naftomar’s VLGC is expected there by 25-Aug.

SHV’s Gas Taurus just arrived at Sohar Anchorage, ex-Yanbu. She is expected to join another SHV’s VLGC,  Hisui who has been there as floating storage since early August.

Europe/Mediterranean

After more than one year of delivering to LAM, ex-US, Geogas’ Clipper Saturn changed her destination this time and is signalling to Tarragona, ex-Targa, ETA 6-Sept.

With 3 VLGC’s and 1 LGC currently signalling for Europe, ex-US, August exports to Europe seems to be on the rise again compared to July:

  • Sunoco’s Ronald N, heading to Terneuzen, ex-Nederland, ETA 25-Aug.
  • Shell’s Pacific Weihai, heading to Dortyol Port, ex-Nederland, ETA 5-Sept.
  • Geogas’ Clipper Saturn, heading to Tarragona, ex-Nederland, ETA 5-Sept.
  • Shell’s Sea Bird, heading to Dortyol Port, ex-Nederland, ETA 11-Sept.
above: US exports to Europe by destination countries
Africa

Geogas’ Clipper Moon is heading to discharge via STS at Ocoa Bay Anchorage, ex-Freeport, ETA 26-Aug.

 

Asia

After her discharge at Botany, Geogas’ Pointis signalling for Kwinana, ETA 30-Aug. First VLGC ever to load there.

Vilma’s Monsoon is heading to discharge at Kalbut, ex-Targa, ETA 19-Sept.

 

India Imports on Recovery

 

After 3 consecutive months of decrease since March, India finally witnessed recovery in July with 961 Kt of imports. SA holds the biggest share followed by Qatar and UAE. The increasing trend is expected to continue in August following government’s determination to meet rising domestic demand on cooking fuel and reducing the use of polluting fuel such as wood.

After signing the first ever contract to import one VLGC of LPG each month from Iran for an initial period of 6 months, IOC’s Gas Beryl completed her load at Asauyeh last week and is currently signalling for Ennore, ETA 31-Aug.

 

below: India imports by origin countries
Below is YTD and Monthly comparison of 2016 & 2017 Kpler Indian import figures vs. official PPAC figures until July. There is less a 4% difference for YTD flows ending in Jul-2017.
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