Once a Niche Segment, LPG Carrier Market is Now A Boon for Ship Owners

Once considered a niche market for “bold” ship owners to invest into, nowadays, LPG shipping is almost mainstream and yielding quite good results. In a recent monthly analysis, shipbroker Banchero Costa said that “spot charter rates for VLGC gas carriers have rallied significantly in the first half of 2019, helped by very limited fleet growth …