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

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