John Hadjipateras is optimistic about the speed of improvements in the VLGC market after seeing rates bounce off the bottom since last summer.
While rates remain relatively low Hadjipateras, chief executive of Dorian LPG, says the market is now stronger than many had believed possible.
“In the middle of last year the market reached very low levels and the anticipation on the part of a lot of punters was that it would take a lot of time to recover,” Hadjipateras told TradeWinds.
