DNB Markets slaps a warning sign on the VLGCs

DNB Markets warns of a massive fleet growth in the segment for major VLGCs. "Investors should start positioning earlier," says the bank in a new analysis.
Photo: Petredec
Photo: Petredec
BY KATRINE GRØNVAILD RAUN

It is about time to reconsider investments in the VLGC segment, says Norwegian DNB Markets in a new analysis. Because the falling crude oil prices - which some analysts predict will hit an average of around USD 80 per barrel in 2015 - are bound to impact the LPG segment.

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