Pilatus Marine to expand LPG marine transport across Asia

Pilatus Marine, Thailand’s leading liquefied petroleum gas (LPG) marine transport operator, is set to expand its services throughout Asia. The move forms part of a strategic initiative to increase its customer base and cater to the rising demand for marine transport of LPG and olefins, a crucial ingredient in plastic production.

According to Chief Executive, Varawit Chimtawan, the expansion is slated to occur between 2024 and 2027, during which Pilatus Marine will replace its current fleet of 11 vessels. The aim is to reduce operational costs related to maintenance and fuel while simultaneously increasing freight fees.

In addition to replacing the existing fleet, the company plans to introduce three larger vessels to its marine transportation portfolio. This addition is specifically targeted at LPG and olefins traders seeking large ships with a…