Uljanik and ETCA Caspian Jointly Target Gas Shipping Market

Croatian shipping company Uljanik Plovidba and Cyprus-based ETCA Caspian Limited have formed a joint venture company for maritime transport and storage of liquefied natural gas (LNG) and liquefied petroleum gas (LPG).

The two companies filed, signed and submitted the Memorandum and Articles of Association as well as the application for registration of the new company – Uljanik Plovidba LNG LLC – to the Registrar of Companies of the Commercial Court in Pazin, Croatia.

Uljanik Plovidba and ETCA Caspian will each control a 50% stake in the newly formed company.

Uljanik Plovidba operates a fleet of MR tankers and Supramax bulk carriers, and provides management services for multi-purpose cargo ships, bulk carriers, cruise ships and oil and chemical tankers.

The company wishes to diversify its offering and break into the LNG and LPG transport market, primarily in Asia.

”The accumulated knowledge, experience and contacts established so far, form a good basis for the subject expansion in the very attractive and promising new market,” Uljanik Plovidba said.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

CruiseConnect Global 2019

Attend CrewConnect Global and stay on for the CruiseConnect Summit to take part in an industry-wide conversation focused…

read more >

CEDA Dredging Days 2019

CEDA Dredging Days programme will follow its successful format of contributed peer-reviewed…

read more >

Offshore Wind Europe 2019

#OWEU19 is a meeting place for governments, developers and suppliers to grow the confidence in wind power. Perfect to grow your business by securing new customers, meeting officials and industry heads.

read more >

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >