BW LPG delivered a record result in 2015, but CEO Martin Ackermann is more subdued in regards to the coming year. "The whole world is under pressure so it's hard to be really optimistic right now," he says in an interview with ShippingWatch.
Norwegian gas carrier Aurora is now being courted by both Avance Gas and BW LPG - two of the biggest VLGC carriers in a market where the race to achieve consolidation now seems to be underway. Its Andersen versus Ackermann.
BW LPG delivered an exceptional result in the third quarter, and scores of analysts are upgrading their forecasts for the gas carrier. But CEO Martin Ackermann is concerned about the number of newbuilding orders placed in recent months.
Martin Ackermann was recently appointed CEO of gas tanker giant BW LPG, the world’s largest owner of major gas tank vessels. He looks forward to growth markets in the future despite current low energy prices and turmoil in China, he tells ShippingWatch.
Danske Martin Ackermann, netop tiltrådt som topchef i BW LPG, der er verdens største ejer af store gasskibe, ser ind i et vækstmarked mange år frem uanset lave energipriser og uro i Kina. Det fortæller han i et interview med ShippingWatch.
BW LPG is growing with the acquisition of shares in Dorian LPG to become an even bigger VLGC player. One big challenge is the optimization of the entire fleet, says CEO Nicholas Gleeson to ShippingWatch.
With spot rates of over USD 100,000 per day, the market for the largest gas vessels seems invincible. The rates will decline, but even a significant drop would not be devastating, the CEO of Avance Gas tells ShippingWatch.
Med spotrater på over 100.000 dollars om dagen synes markedet for de helt store gasskibe uovervindeligt. Raterne vil komme ned, men selv et markant fald vil ikke være ødelæggende, siger CEO for Avance Gas til ShippingWatch.
Avance Gas achieved a result of USD 23.8 million in the first quarter of the year. The massive VLGC orderbook is a challenge, but the market will remain strong for the next year and a half, CEO Christian Andersen tells ShippingWatch.