Croatian, Cypriot shippers form LNG joint venture

Croatian, Cypriot shippers form LNG joint venture
Illustration purposes only (Image courtesy of Uljanik Plovidba)

Uljanik Plovidba, Croatian shipping company has set up Uljanik Plovidba LNG, a joint venture with the Cypriot ETCA Caspian Limited. 

The two companies will both hold a 50 percent stake in the JV, that will focus on the transport and storage of liquefied natural gas.

In its statement on Monday, the Croatian shipping company said it intends to diversify its activities by expanding into the LNG and LPG carriers management market.

Dragutin Pavletić, the head of Uljanik Plovidba, said the LNG and LPG markets are seen as “attractive and interesting,” and would open the door to the company to participate in international LNG and LPG projects, especially in Asia where numerous natural gas infrastructure projects are being developed.

Uljanik Plovidba currently manages a fleet of nine vessels, comprising four bulk carriers and five tankers.

Share this article

Follow LNG World News

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 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 1 2 3 4 5 6

6th Mozambique Gas Summit & Exhibit

This year’s edition will have a revamped programme for attendees.

read more >

Offshore Energy Exhibition and Conference 2019

The three-day event includes an exhibition where an expected 600+ supply chain companies will showcase their products and services.

read more >

LNGgc London

LNGgc is a fantastic way of raising attendees’ company profile within this market and creating greater awareness of their brand…

read more >

5th CWC China LNG & Gas International Summit & Exhibition

5th CWC China LNG & Gas International Summit & Exhibition will return 16 – 17 October 2019, bringing together the key players…

read more >