Adani signs Vizhinjam concession

Indian private port major Adani Ports and Special Economic Zone (APSEZ) signed a concession agreement with the Kerala government on 17 August to develop and operate the proposed Vizhinjam Port.
To be built at a cost of INR40 billion (USD625 million), the ambitious, deepwater facility in the
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VLGC rates dip as trades quieten

Rates to ship liquefied petroleum gas on very large gas carriers dipped on 17 August following a slight recovery from 10-14 August.
Brokers told IHS Maritime that this was due to a number of ships being fixed and then cancelled when charterers failed to secure cargoes.
Rates averaged
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