FLEETS Last year HCB reported ‘cautious optimism’ in the LPG trade. That caution extends to newbuilding activity, which once more has allowed the sector to out-perform other bulk liquids trades. That performance is encouraging interest from new owners
Camillo Eitzen has completed the sale of its non-ethylene semi-refrigerated LPG carriers as well as its shareholding in Eitzen Gas and the back-to-back leases on its five fully pressurised LPG tankers.
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