Drewry sees overcapacity in LPG over the next two years

The market for the transport of LPG will be held down by overcapacity across the majority of segments over the next two years, writes Drewry. The analyst firm only sees opportunities for better rates for the small gas vessels, where fleet growth will be minimal.
Photo: Dorian LPG
Photo: Dorian LPG

Freight rates for liquefied petroleum gas, LPG, will remain weak for the next two years.

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