KSS Line Renews LPG Transportation Deal with Vitol

South Korean shipping company KSS Line is renewing its liquefied petroleum gas (LPG) transportation contract with energy and commodities company Vitol.

On November 22, 2018, KSS Line inked a KRW 8.08 billion (USD 7.15 million) one-year contract with Vitol.

Valid from January 17, 2019, to January 16, 2020, the contract includes the provision of one vessel to transport LPG cargo.

As informed, the contract amount increased by 16%, compared to the previous contract with Vitol.

The newest deal is part of KSS Line’s efforts to boost profitability through long-term contracts and chartering activities.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Jan 2019 >>
MTWTFSS
31 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

Singapore Maritime Week (SMW) 2019

very year, SMW gathers the international maritime community for a week of flagship conferences…

read more >

Maritime Reconnaissance & Surveillance Technology

Now in its 4th successful year, Maritime Reconnaissance & Surveillance Technology is the only event that specifically.

read more >

2nd CWC Japan LNG & Gas Summit

The highly successful CWC Japan LNG & Gas Summit returns for a second year…

read more >

GREENTECH IN SHIPPING GLOBAL FORUM

The mindset of sustainability and efficiency is the key to unlocking successful business…

read more >