Shipping — April 2020
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Fra Fearnley weekly report der lige er landet om LPG: East, First half May is still where the main action is happening, but we have started to see fixtures done further into the month as well which is typical for a rising market. With the Eastern market being as tight as it has been of late coupled with a strong market in the West – we expect the freight to remain strong also in the near future despite some cancellations.
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West: In general, the market remains bullish freight in the short term, with a relatively short positions list and a handful of uncovered cargoes remaining in the US in May. However, given WTI’s unprecedented sub-zero plunge this week, some are wondering whether it’s only a matter of time before the arb no longer supports freight at 3 digit levels. So far, strong demand in Asia has kept the LPG freight market strong. Although this might be dependent on refinery throughput remaining low in India,
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Er der andre, som ikke kan finde ADS på saxo?
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