Small and mid-size gas carriers could find more employment opportunities after the US lifted sanctions on LPG exports to Venezuela, according to an analyst at cargo intelligence provider Kpler.
Washington recently announced that LPG shipments to the South American country would be allowed under its sanctions scheme targeting Petroleos de Venezuela SA (PDVSA) from 12 July.
Kpler analyst Charles Costerousse told TradeWinds LPG cargoes to Venezuela were mostly transported by mid-size gas carriers of between 32,000 cbm and 49,000 cbm and handysize vessels between 15,000 cbm and 31,000 cbm.