Mr. Reidar Sundvor will be giving a presentation at the 14th LPG Trade Summit in Athens 11.-13. November 2019.
“How to Navigate Changing Circumstance”
Overall, the LPG market continues to evolve until the additional export capacity is on-stream and additional petrochemical plants start up – the timing of both will significantly influence the balance of the market either way. New legislation (IMO2020) and political developments particularly in the Middle East, will of course be influential not only on supply/demand but on the price of propane vs butane. Freight should it remain at firmer levels will ultimately affect trading arbs and could play a key role for many market players as we head into 2020.
The title of Mr. Sundvors presentation is: LPG Shipping & Freight Market Development, and will be held on day 1 at 15:50.