STX Norway Offshore AS and partner PJMR Empreendimentos Ltda has through its subsidiary Estaileiro Promar S.A entered into contracts for building of eight LPG Carriers at the new shipyard in Brazil. The value of the contract is approximately US $536 million. On July 9, 2010 Estaleiro Promar S.A. signed 8 contracts to build LPG Carriers [...]
Archive for July, 2010
Is the trend of petrochemical firms switching to LPG from Naphtha still growing and active? Against volatile naphtha prices, which correlates directly with crude oil, LPG prices appears to be the preferred alternative. As in extracted report below, Samsung Total Petrochemicals have taken steps in this direction. Yet, in another, it is reported that the [...]











