The world’s largest ethane carrier has officially departed the world’s largest ethane terminal, naturally.
The Ethane Crystal vessel set sail from Houston-based Enterprise Products Partners LP’s (NYSE: EPD) new terminal at Morgan’s Point, the Houston Chronicle reports. The carrier is the first of its kind to be classified as a VLEC, or a very large ethane carrier.
According to multiple trade reports, the Ethane Crystal is the first of six VLECs that South Korea’s Samsung Heavy Industries Co.…
Houston Biz Journal
Massive ethane shipment launches out of Port of Houston