Greg Miller
Wednesday, May 24, 2023
Giant tankers full of American propane are making waves
Large liquefied petroleum gas tankers are riding high on rising U.S. exports and higher Chinese import demand.
Large liquefied petroleum gas tankers are riding high on rising U.S. exports and higher Chinese import demand.
It’s not just container shipping that’s rolling in profits. LPG tanker rates are hitting new highs on Asian demand for U.S. propane.
Best-of-both-worlds business model of LPG carrier Epic Gas strives for both defensibility and growth potential.
Geopolitical and trade tensions are having an increasing effect on shipping rates.