Crude and product tankers have garnered all the headlines in 2020, but liquefied petroleum gas (LPG) shipping could offer a clearer-cut and more binary bet on the coronavirus recovery.
Higher oil production and refining would create more propane and butane as byproducts, filling more LPG carrier cargo holds. Unlike crude and product tankers, LPG carriers face no near-term headwinds due to the unwinding of floating storage.
LPG shipping companies boast high spot-market exposure and volatility....
https://www.freightwaves.com/news/lpg-shipping-volatile-spot-exposed-leveraged-to-covid-19