The ramp-up of Shell’s Prelude FLNGproject is set to lift LPG exports from Australia, hurting tonne-mile demand for VLGCs but supporting regional trades that utilise small and mid-sized vessels.
Though the project is best known for its LNG output, majority shareholder Inpex has confirmed the Browse Basin-based floating production facility exported its first LPG cargo on 24 July.
Vessel-tracking databases suggest the Petredec-owned, 84,000-cbm Secreto (built 2016) is shipping the cargo to Yeosu, South Korea, with an estimated arrival date of 1 August.
