Geopolitical uncertainty and shipbuilding in focus for BW LPG
- Geopolitical uncertainties around US port fees could see initial rise in TCEs as vessel operators redeploy fleets
- Tariff impacts will have more significance than port fees in VLGC market
- More newbuildings are expected to hit waters globally in the coming years, capable of shipping ammonia and LPG
Flows from the US to China would be largely unaffected if tariff rates are reasonable, BW LPG chief financial officer Samantha Xu says in an interview with Lloyd’s List ahead of Marine Money Week Asia
