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.

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Norden raises profit guidance for 2017

Carrier Norden is now confident that it will deliver a double-digit million dollar profit for 2017, says the carrier. "This is a significant shift," CEO Jan Rindbo tells ShippingWatch.

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