First Venezuela Oil Cargoes Chartered Since US Supply Deal
Trading houses and buyers of Venezuelan oil have chartered the first very large crude carriers (VLCCs) to export from the South American country since a Caracas-Washington supply deal began, which is set to speed up shipments starting in March while boosting deliveries to India, according to four sources and data.Trading firms Vitol and Trafigura have been exporting Venezuelan crude and fuel since January as part of a $2 billion deal between the U.S. and Venezuela after the capture of President Nicolas Maduro by U.S.
Lloyd’s Register Grants AiP for HD Hyundai Heavy Industries VLGC
Lloyd’s Register (LR) has awarded Approval in Principle (AiP) to HD Hyundai Heavy Industries (HHI) for a new Very Large Gas Carrier (VLGC) design that features a forward accommodation block and integration of wind assisted propulsion systems (WAPS). The announcement was made during a ceremony at Gastech 2025. By relocating the bridge and accommodation block to the bow, the vessel’s aerodynamic profile is improved, reducing headwind resistance and improving overall propulsion efficiency.
NYK: Newly Built LPG Carrier Named “Luna Pathfinder”
On August 5, a naming ceremony took place at the Sakaide Works of Kawasaki Heavy Industries Ltd. for a newly built very large gas carrier (VLGC). This vessel marks the sixth dual-fuel LPG (liquefied petroleum gas) carrier ordered by NYK, following the delivery of Liberty Pathfinder in October of the previous year. Upon its completion, the ship will be chartered by Astomos Energy Corporation, one of the world's leading LPG companies, for the domestic and global transportation of LPG.The ceremony was attended by about 50 people…
