Tanker

Avance Gas sees a positive market looking into 2021

The market for LPG will be positive for the remainder of 2020 and into 2021, predicts Avance Gas. The shipping company projects daily rates of USD 40,000 and is keeping a close eye on the oil price.
Photo: PR/Avance Gas
Photo: PR/Avance Gas
by TRINE VESTERGAARD

Covid-19 has also affected LPG trade, but gas carrier Avance Gas still believes in a positive market for the remainder of 2020 and into 2021, reveals the company's interim report for the third quarter.

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