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LPG import recovery faces hurdles despite strong July uptick

LPG import recovery faces hurdles despite strong July uptick

Global LPG markets began July with a sense of cautious optimism. Seaborne LPG imports were moving back toward seasonal norms, fueled by record export volumes from the US, which helped counter months of disruptions caused by conflicts in the Middle East Gulf. This...

Hanwha Ocean Posts 98% Operating Profit Surge on LNG, Cost Gains

Hanwha Ocean Posts 98% Operating Profit Surge on LNG, Cost Gains

Hanwha Ocean recorded an “earnings surprise” in the second quarter of this year, driven by strong performance in its commercial and special vessel businesses. Hanwha Ocean announced on the 27th that it achieved sales of 5.4332 trillion Korean won and operating profit...

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