China’s fleet of LPG vessels is set to grow by 40 per cent over the next two years, with transportation capacity increasing 70 per cent, Seatrade reported from the 14th China International LPG conference.

Li Wanqin, from the China Shipowners’ Association, said 15 new LPG vessels were added last year to the Chinese merchant fleet giving a total of 110 vessels for LPG transportation in China, equivalent to 100,000 dwt. In 2009 and 2010, China will acquire 47 new LPG vessels, giving the country 170,000 dwt of LPG vessel capacity.