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
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
MARKETS The LPG tanker sector, buoyed by rising export volumes, has been enjoying much improved freight rates in recent months. As Julian Macqueen explains, a current plateau in earnings may only be temporary
PROFILE All success stories have to start somewhere, but the history behind Stealthgas – now one of the world’s largest LPG tanker owners – is more complex than many.
FLEET Extra tonnage is being added to the worldwide chemical fleet by the day, but other orders for newbuildings are being cancelled as owners take fright at the potential market collapse.
