LPG frakt vil vise seg å bli en vinner fremover. Behovet er så stort at ratene vil øke betydelig utover.

LPG - en del av den grønne revolusjonen.

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=6&cad=rja&uact=8&ved=2ahUKEwiQ_fLugfnoAhWLyKYKHSKXDOAQFjAFegQIBxAB&url=https%3A%2F%2Ftwitter.com%2Fhashtag%2Flpg&usg=AOvVaw0-D7FYkT6dd14mFYfSULjk

+ klikk inn på World LPG Association

LPG er det riktige shipping-segmentet, helt klart. Det ser jo strålende ut egentlig, med gode rater og inntjening. Men får vi en skikkelig crash på børsen nå, må man ha tørt krutt, så man får kjøpt mer. Ingen vil bli spart.

Bull for LPG:

What would that entail? The Saudis would likely need to reduce production below the 8.5 million barrels a day threshold that it has previously been reluctant to breach, Croft said. That reluctance stems in part because it would also cut into natural-gas production ahead of the summer, when domestic demand for the fuel rises to meet air-conditioning needs.

https://www.marketwatch.com/story/whats-next-for-oil-after-prices-go-negativesaudis-other-producers-expected-to-do-more-to-curb-supply-2020-04-21?mod=home-page

Takk for de gode nyhetene du kommer med her, JT, det er denslags som gjør at man som investor kan fortsette med å tro på at LPG-shipping fremdeles kan tilby investorene en OK profitabel reise de nærmeste årene.

Selv solgte jeg meg ut av BWLPG og Avance i februar/mars ca. 15% under toppen etter en meget flott reise som varte ca. 10 måneder, men er nå begynt å akkumulere igjen, ikke minst fordi begge aksjene nå selges med en meget stor rabatt til NAV. Men også fordi jeg tror at LPG-markedet fremdeles vil være ok bra selv om LPG shipping / ton/mile nok vil svekkes noe framover.

Folk skal jo fremdeles kunne lage varm mat m.m., ikke minst i India og Asia. Og industrien skal jo fortsatt bruke LPG i store mengder, også i Kina. Og det er jo ikke råvarene til LPG-produksjon som mangler.

Q2 og Q3 er jo historisk de sterke LPG-kvartalene, jeg tipper at de nok skal være ganske gode også i år til tross for corona-katastrofen.

Time will tell.

Gas
"These factors together could buoy freight earnings in the coming months."

Chartering
EAST:
Saudi dates finally came out on Tuesday night – a big portion of which to be ex Yanbu and a handful of cancelled cargos. 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.
WEST:
On the surface, the market still looks tight 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 and an accompanying weak arb, it seems freight levels at triple digits are too expensive unless there is a change on the product side. Until now, strong demand in Asia due to low refinery throughput in India, Indonesia and elsewhere has helped to keep the VL freight market strong. However, looking ahead there are doubts as to whether demand for non-domestic product will continue at the volume we've seen recently, and this could be bearish freight rates.
With that said, it's important to remember that there was a greater number of liftings in April than in the rest of 2020 (around 10-15 more across East and West compared to March). In addition, a longer ton-mile from the recent US-India arb should stretch the fleet. These factors together could buoy freight earnings in the coming months.

https://fearnpulse.com/#3