Very Large Gas Carrier, or VLGC, rates are set to rally further in the near term, as more vessels are diverted to the US amid an active May-lifting program, trade and shipping sources told S&P Global Platts May 10. Dry docking of vessels since fourth-quarter 2020 are also slated to last through second-quarter this year, …
The post VLGC rates on uptrend as US-Middle East market activity vie for ships: sources first appeared on Hellenic Shipping News Worldwide.