Japanese owners pile in for LPG carriers

Japanese owners Iino Kaiun Kaisha, Tabuchi Kaiun and Komaya Shipping have ordered a total of five small scale LPG carriers in total at three domestic yards.

According to shipbroking sources, Iino Kaiun has ordered three 1,800 cu m LPG carriers at Shin Kurushima Dockyard with delivery scheduled in 2020.

Meanwhile, Tabuchi Kaiun has placed an order at Shitanoe Zosen for one 3,500 cu m LPG carrier with delivery scheduled in 2019.

Lastly, Komaya Shipping has booked a 8,700 cu m LPG carrier at Asakawa Shipbuilding. The vessel is expected to be delivered in 2020.

Iino Kaiun runs a LPG carrier fleet of 21 vessels, while Komaya Shipping and Tabuchi Kaiun operates 12 LPG carriers and nine LPG carriers respectively.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
Back to top button