Analyst Michael Webber, who covers US and Oslo-listed shipowners for the US bank, said that he expects vessel supply growth to weigh on rates in the sector, with vessel earnings declining in 2016.
But the impact will not be enough to prevent him from describing his position on the LPG shipping sector as “long (still), but nimble”.
“We believe that the intermediate-term fundamental outlook may be better than many think,” he said.
The
