Union Maritime has been linked to two VLGC/VLAC newbuildings at HD Hyundai Heavy Industries, with delivery expected in 2029 and a reported value of about $234 million.
BW LPG has ordered eight 90,000 cu m panamax VLGCs from HD Hyundai Heavy Industries in a $940 million fleet renewal move.
Samsung Heavy Industries has secured a $667 million order for five vessels, including one LNG carrier, two VLGCs and two crude oil tankers.
Panama Canal congestion is rising ahead of June lock maintenance, with reduced transit slots expected to add pressure to shipping schedules and freight costs.
Dubai-based BGN ordered four dual-fuel VLGCs at HD Hyundai Heavy Industries to expand LPG fleet capacity and add ammonia-carrying capability by 2029.
MOL delivered LPG dual-fuel VLGC Energia Grandeur for a TotalEnergies subsidiary time charter, highlighting LPG-mode emissions cuts, a shaft generator, and key dimensions.
