J Lauritzen is planning to sell off selected assets to guard against declining solvency, after posting a continuing fall in profits for the first half year and taking a $207m write-down in asset values.
MARKETS Gas shipping has been one of the star performers in the maritime sector in recent years. But not every LPG tanker operator has been laughing all the way to the bank, as this review of recent financial results indicates
SHORTSEA Buffeted by economic winds and demand shifts, Europe’s chemical and gas tanker operators have had quite a time of it lately. The LPG tanker business is emerging more rapidly and in better shape than its chemical tanker counterpart