Charter rates for VLGCs are expected to remain muted for the rest of this year and into the first half of 2022 on the back of lower exports of US LPG, according to shipbroker and consultant Poten & Partners.
Analyst Jon McDonald said in a webinar that while VLGC rates had risen sharply in December 2020 and into January they had then fallen rapidly, bottoming out at about $30 per tonne.
