IHS Chemical Week

World News and Views :: Top of the News

Odfjell spins LPG-ethylene shipping business into JV, orders four vessels

9:42 AM MDT | May 16, 2014 | Ian Young

Odfjell says it has agreed with affiliates of investment firms Breakwater Capital and Oak Hill Advisors to form a liquefied petroleum gas (LPG) and ethylene shipping joint venture. Odfjell, meanwhile, says it has exercised an option for Nantong Sinopacific (Nantong, China) to construct four 22,000–cubic meter LPG-ethylene carriers. The vessels are scheduled for delivery between September 2016 and June 2017, and the total contract price is about $200 million. Breakwater and Oak Hill will create the jv by jointly acquiring a 50% stake in Odfjell's...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa