VLGC scrapping could soon be on the agenda as new regulations and recent eco-ship orders place a question mark over more elderly gas carriers.

That is the view of BW LPG chief executive Anders Onarheim, speaking on a conference call with analysts.

He said: "Looking into next year and 2023, we're still optimistic about the market, but newbuild orders could likely put downward pressure on freight rates, especially in 2023 and particularly if we continue at the same pace as we've seen...