Panama delay could have positive effect on VLGC
If the dispute about the Panama Canal expansion results in further delays, it could prolong a rate increase for VLGC's transporting LPG from the United States to Asia, according to estimates.
BY KATRINE GRØNVALD RAUN
If the dispute concerning budget transgressions on the Panama Canal expansion process leads to further delays, the development could have a positive effect on ships transporting liquefied petroleum gas (LPG) to Asia from United States, says Christian Andersen, President of Avance Gas, a joint venture between Stolt-Nielsen, Sungas Holdings, and Frontline 2012, to Bloomberg.
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:
Consortium agrees to not halt work on Panama Canal
For subscribers
The dream of a Nicaragua Canal starting to crack
For subscribers
.jpg&w=384&q=75)
