With Greece’s bailout issue
monopolizing local and global news alike, an interesting development in the
shipping market took place; the LPG tanker markets have been pulling away,
moving higher than before. In its latest weekly report, shipbroker Allied
Shipbroking said that “the LPG market has been climbing to some of its highest
levels. It has been of note that rates for VLGCs closed today at US$ 136.250
per day (slightly lower...
