In Exmar’s latest earnings report the Belgian owner acknowledged that the sector continued to see “substantial fluctuations” in the third quarter but noted rates were still quite high when compared to those recorded at other points in the cycle.
“Despite substantial fluctuations throughout the third quarter of the year, VLGC rates have remained at record levels,” the operator told investors Thursday, adding: “The Baltic Gas Index even reached an historical peak in July.”
Exmar,
