MARKETS Sanctions against Iran have upped the uncertainty stakes in the tanker markets as charterers seek out alternative sources for misplaced cargoes. Julian Macqueen looks at what’s happening in the shipping world this month
LPG Optimism is returning to the shipping industry and the gas tanker sector is among the first to be getting back on track. The past month has seen three major newbuilding orders and there look to be more in the pipeline
FLEET There is a cautious optimism in the air as the LPG sector, which has remained deadly quiet through the economic downturn, starts to move into a period of activity and recovery with potential growth in the near future
FLEETA more measured approach to managing the orderbook has helped the LPG sector avoid the worst of the recent downturn. However, operators cannot afford to be complacent and the need for self-restraint is still there
