VLGC spot rates have risen too far and too fast, with earnings not backed up by gas price gaps, brokers believe.
Freight levels have fallen a little from last week
VLGC spot rates have risen too far and too fast, with earnings not backed up by gas price gaps, brokers believe.
Freight levels have fallen a little from last week
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Shanghai Jinghan Shipping has ordered up to two 7,300-dwt stainless steel chemical tankers at China’s Zhoushan Dashenzhou Shipbuilding.
Shanghai Jinghan contracted one firm 7,300 dwt duplex stainless steel unit and
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John Fredriksen's tanker bellwether Frontline has seen profit crash back in a weaker first quarter.
But the major US and Oslo-listed VLCC and suezmax owner said it is business as
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