Oriental Energy has returned to the shipbuilding market for VLGCs.
Also known as Donghua Energy, the company has commissioned Jiangnan Shipyard to construct two 84,000-cbm carriers for delivery in 2020, as TradeWinds reported online this week.
An Oriental Energy executive confirms the company has ordered the newbuildings to carry increasing volumes to China.
“Oriental Energy’s two new propane dehydrogenation plants in Ningbo will also start to operate in 2020 and 2021,” said the executive.
