Soaring VLGC rates unlikely to spark fresh wave of new-buildings

Capt. John

Very Large Gas Carrier rates on the key Persian Gulf- to –Japan route soared to its highest level in almost five years and four months at $98.5/mt Dec. 8, but this would not trigger a fresh wave of new-buildings in a well-supplied LPG shipping market, industry sources said. The rally is driven by...

https://www.hellenicshippingnews.com/soaring-vlgc-rates-unlikely-to-spark-fresh-wave-of-new-buildings/

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