Ackermann doubts that another golden age is nigh for large gas tankers

The market for Very Large Gas Carriers is currently around the OPEX level for carriers and it is doubtful if the vessels will ever return to the record levels of 2014 and 2015, says Martin Ackermann, CEO of BW LPG, to ShippingWatch. "A cautious guess is that we'll see improvement in 2018."

The market for Very Large Gas Carriers (VLGC) has been weak for some time and the carriers are currently sailing for spot rates at the OPEX level.

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