• LPG and petrochemical gas carriers

Can VLGC rate recovery survive ‘firm’ fleet growth?

VesselsValue and ViaMar forecast bigger gas carriers taking a hit from lower US exports as new ships are delivered.

Bigger LPG carriers could struggle to maintain recent strong rates from the fourth quarter as fleet growth outstrips an upturn in trade.

But smaller sizes should remain stable, with some support coming from the ammonia business, according to UK valuation platform VesselsValue and Norwegian shipping research company ViaMar.

Read more at www.tradewinds.com