Bloomberg: LPG Ship Market ‘Bleak’ as Glut Looms

“Bloomberg quoted Poten research in this article on the LPG Ship market. “The outlook for very large gas carriers, or VLGCs, which carry about 80,000 cubic meters, may be equally gloomy, according to New York-based shipbroker Poten & Partners. The ships, which refrigerate rather than pressurize their cargo, carry gas from the Middle East to Asia.” says the article.”