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ioc: IOC, LPG carriers reach truce, supplies resume in North East

Indian Oil Corporation s LPG cylinder transporters have withheld their agitation for a month after the company agreed to several of their demands, officials said on Monday. Members of the North East Packed LPG Transporter Association (NEPLTA) had on December 4 stopped plying their trucks, alleging pending dues and low rates in recently floated tenders, thereby affecting supply of LPG in several states of the region. ....

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As propane exports break records, LPG shipping stock hits new high

Asian demand for propane continues to build, as does US supply, equating to booming business for LPG tanker owners in the middle. The post As propane exports break records, LPG shipping stock hits new high appeared first on FreightWaves. ....

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Toro Corp. Announces the Delivery of its third LPG Carrier Dream Syrax and the Completion of the Sale of M/T Wonder Avior

LIMASSOL, Cyprus, July 19, 2023 (GLOBE NEWSWIRE) Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”), an international energy transportation services company, announces that on July 17, 2023 the Company completed the previously announced sale of M/T Wonder Avior, a 2004-built Aframax/LR2 tanker, at a price of $30.1 million, by delivering the vessel to its new owner. The Company expects to record during the third quarter of 2023 a net gain of $18.6 million, excluding any transaction-related c ....

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