On the other hand, 6 VLGC’s are expected to pass the Cape of Good Hope on their way to USGC:
- Avance Gas’ Chinook, current itinerary Malacca Strait, signalling for Freeport, ETA 10-Dec.
- Avance Gas’ Breeze, signalling for Houston, ETA 16-Dec.
- Avance Gas’ Iris Glory, current itinerary Malacca Strait, signalling for Houston, ETA 6-Dec.
- Astomos’ Ns Frontier signalling for Nederland, ETA 26-Nov.
- Shell’s Shaamit signalling for Nederland, ETA 30-Nov.
- Engie’s Mistral is expected at Houston by 3-Dec.
Shell’s Sansovino, ex-Kaarstoe, is currently discharging at Aygaz Izmit, Turkey.
Bonython & Westernport are exporting their first lpg cargoes to Africa. Geogas’ Bw Messina is on her way to EAF, probably for a partial discharge at Petredec Mauritius first and the rest via STS at Beira Anchorage, ex-Bonython & Westernport.
Astomos’ Legend Prestige is signalling to load at Westernport, ETA 8-Nov.
Chevron’s Hellas Glory, ex-Escravos discharged part of her cargo at Petredec Mauritius and is now signalling for Dongguan, ETA 14-Nov.
Middle Eastern LPG exports to FE lower in October
Kpler data reveal a decrease of Middle Eastern LPG supplies to Far East with exports falling m/m by 107 Kt. As winter approaches, demand in Asia, especially in China, builds up and the tight LPG supply from M.E. is pushing importers to look at the other side of the Atlantic to secure their inventories. That said, US has increased its share of exports to Far East by 8% over the last two months, or an increase of 407 Kt m/m between September and October.
Middle Eastern Countries with Supply Disruptions
The drop of ME exports comes mainly from two countries, namely the UAE and Iran. In Iran, the supply disruptions are linked to the unexpected outages of the South Pars field, which will probably have an impact on exports until the end of the year. In UAE, the new 0.5 Mpty PDH plant of Takreer – which is in the stage of trial – is causing a shift of part of the country’s LPG exports to domestic use.