VLGC market has adapted to the Sino-US trade spat, says Avance Gas
There will be a negligible effect from the US-China trade dispute, if any at all, in the future for the very large gas carriers, says Avance Gas chief Ulrik Andersen, because the market has already made adjustments. Traders and importers have reshuffled their programmes, and re-sourced supplies from the Middle East Gulf instead
Middle East LPG exports in the second quarter came up to 8m tonnes, up by 200,000 tonnes compared to the first quarter of 2019