Singapore owner BW LPG could expand its operations in India in hot VLGC markets.
The company has upgraded its outlook for 2021, partly due to a heavy dry-dock schedule for the world fleet and Panama Canal delays, as VLGCs enjoy spot rates of above $50,000 per day.
Chief executive Anders Onarheim told TradeWinds: "The market has held up quite well now for a period of time.
