Kpler LPG (India’s increasing Imports)

Originally Released on 28 September 2017

Vessels

Americas

2 VLGC’s are currently on their way to discharge in the FE via Cape of Good Hope, ex-US:

  • Astomos’ Saltram, signalling for Japan, ETA 22-Oct.
  • Shell’s Shahrastani, signalling for SGP Area, ETA 20-Oct.

Petredec’s Morston discharged her cargo to Chorillo and is currently loading again via STS at Balboa Anchorage with Petredec’s Clipper Victory. The latter is loaded at PetroPortLPG,

After delivering her butane cargo to Chorrillo, ex-San Gregorio, Petredec’s Parthia is now signalling for Bahia Blanca, ETA 30-Sept.

After her first 4 voyages from ME to Far East, E1’s Gas Stella is now heading to load at Houston, ETA 25-Oct. Her exact loading terminal is yet to be confirmed.

After 2-months STS operations at Brisbane Anchorage, Trafigura’s George N is finally leaving the anchorage for the US. She is expected to reload there by the end of Oct.
Statoil’s Sunstar, ex-Freeport, is currently discharging her cargo at Kalbut. This is the first LPG cargo from the US to Indonesia since May 2017 and the first ever from Freeport to Indonesia.
Geogas’ Prins Alexander is heading to load at San Gregorio. This is second cargo out of Chile in 2017. 

Africa

Avance Gas’ Providence is expected to deliver her cargo to Philippines, ETA 28-Sept, ex-

SwissMarine’s Cresques loaded at Soyo and is signalling for SGP Area, ETA 12-Oct,

Chevron’s Ronald N, loaded her cargo at Escravos and is signalling for SGP Area, ETA 19-Oct.
Chevron’s Hellas Glory, currently waiting to load at Escravos. 

Europe/Mediterranean

Statoil’s Clipper Sun is currently discharging at Dongguan, China,

Australias

Trafigura’s Bw Njord is waiting in front of Brisbane Anchorage to replace George N who’s been there acting as FS for the past 2 months.

Geogas’ Bw Messina is signalling for Botany, ex-Marcus Hook, ETA 8-Oct.

Avance Gas’ Iris Glory is expected to deliver her cargo to Chiba, Japan, ETA 30-Sept. This is the only cargo out of Australia to Japan for the month September.

Asia

SK Gas’ Bw Tyr, ex-NWS, is signalling for Ulsan, South Korea. ETA 5-Oct.

 

India’s LPG signs of rebound
India’s LPG imports are showing signs of rebound from July onwards. Based on Kpler data, LPG imports averaged at 698 kt for June 2017, then increased from July onwards and reach March 2017 levels (period of record crore LPG connections).
Since March 2017, India has displaced Japan to become world’s second-largest importer of LPG, thanks to the Government’s initiatives to expand the LPG usage especially in the household sector.
India, which is competing with China to be the world’s largest importer of LPG, is constantly increasing its LPG imports on a monthly basis which is expected to witness no stop this soon.

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