DVB: VLGC prices look promising
Rising demand for LPG freight from the Middle East to Asia means plenty of employment for the massive gas carriers in years to come, giving hope to the prospects of solid profit opportunities.
BY JØRGEN RUDBECK
The global gas and oil production is expected to increase in years to come, and pipes in the Middle Eastern ports, in particularly, will be flowing smoothly, says DVB Bank. The massive VLGCs are currently making more than USD 50,000 a day, and there's hope that this level can be sustained going forward, writes Lloyd's List.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Stolt-Nielsen disappoints following loss in Q1
For subscribers
.jpg&w=384&q=75)
