VLECs Archives - India Shipping News

ONGC, MOL & Samsung HI sign contract for 2 Indian VLECs to boost energy security

January 28, 2026 Maritime, Business, Company, Global Trade, Trade, Trending News

GANDHINAGAR : In a significant move to secure India’s energy supply chain, a consortium led by Oil and Natural Gas Corporation Limited (ONGC) has signed shipbuilding contracts for two Very Large Ethane Carriers (VLECs).

KR and HD Hyundai Heavy Industries team up to develop a very large Ethane Carrier

June 4, 2025 International Shipping, Classification Society, Maritime, Ship Building, Shipping, Shipping Line, Trending News

BUSAN : KR (Korean Register) signed a Memorandum of Understanding (MOU) with HD Hyundai Heavy Industries (HD HHI) on June 3 during Nor-Shipping 2025 to jointly develop a very large ethane carrier (VLEC). Ethane carriers are

ONGC, MOL & Samsung HI sign contract for 2 Indian VLECs to boost energy security

KR and HD Hyundai Heavy Industries team up to develop a very large Ethane Carrier

GAIL looks to import ethane via VLECs