Tanker

Avance Gas sees upswing continue with boost from Panama effect

The company is benefiting from the best market in the gas segment since 2015, says CEO in latest report.
The company points to increasing demand for liquefied petroleum gas (LPG) as the main driver behind the strong market - and a factor that makes the outlook even better. | Photo: Pr/avance Gas
The company points to increasing demand for liquefied petroleum gas (LPG) as the main driver behind the strong market - and a factor that makes the outlook even better. | Photo: Pr/avance Gas
by DANIEL LOGAN BERG-MUNCH

The upturn for gas shipping companies does not seem to be slowing down anytime soon, says shipping company Avance Gas and CEO Øystein Kalleklev on Tuesday, when figures for the latest quarter were released.

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