Kpler LPG Interesting Moves


9 vessels with US-sourced LPG are currently headed towards Europe. Among other reasons, these cargoes gave preference to Europe instead of doing their regular deliveries to the Far East due to the upcoming Chinese New Year (that fell on February 16) and therefore traditionally lower interest from Chinese buyers during this period.

Kpler LNG (Interesting Moves)

Market Highlights 

GasPort LNG received only one cargo since the start-up due to ongoing issues at the terminal. Several vessels diverted from the port in the past month. Shell’s Gaslog Greece loaded at Sabine Pass on 10-November and was expected to discharge on 7-December. Statoil’s Arctic Aurora loaded at Snohvit on 22-November and was initially scheduled for GasPort, but the vessel delivered to Dahej on 14-December. Soyo lifted a cargo at Soyo on 23-November and instead of GasPort, discharged at Dahej on 20-December.

Kpler LNG (Cool Runner Diversion)

Market Highlights

This week, the U.K. was experiencing shortages in the gas supply system. With several disruptions, mainly caused by outages in the North Sea and the Baumgarten explosion in Austria, both Dragon and Grain increased send-out.

Italy was also heavily impacted by the Baumgarten explosion, which had interrupted the pipeline flow of Russian gas into the Italian grid. Italy’s industry minister declared a state of emergency on 12-December. The pipeline is fixed now and physical flows are stabilized.At Rovigo, 4 vessels are expected to arrive in the next few days.

Kpler LPG (Hit to Grangemouth LPG Exports)


This week we are not witnessing any vessel heading to FE via the Cape of Good Hope. After 6 months of STS between Panama and Chorillo, Petredec’s Morston has finally crossed the Panama Canal and is signalling for Houston, ETA 19-Dec.

The following Ineos’ Ethane-dedicated vessels are on their to deliver their Ethane cargo to Europe:

RIL’s VLEC Ethane Topaz loaded another ethane cargo at Morgans Point and is heading to India. She is expected at Dahej by 9-Jan.