Annual LPG Market Review and Forecast 2004 highlights that, following a highly volatile start to the 21st Century, the market has now not just stabilised but is also experiencing sustainable growth, with small LPG carriers enjoying a particularly good start to 2004. The main components researched and analysed include:
LPG trade patterns around the world
Carrier fleet development by sector
Comprehensive analysis of gas carrier new orders and demolition sales
Evaluation of LPG vessel values
Trends in consumption and production of LPG, ammonia and petrochemical gases
This analytical report identifies and examines all the elements in the LPG mix.
LPG market overview:
LPG carrier fleet
LPG costs
LPG charter market
LPG investment
LPG carrier demand/supply:
Overview of the market
LPG carrier demand
LPG carrier supply
Forecast LPG carrier fleet
Owners Fleet characteristics
LPG carrier costs:
A summary and introduction to ship costs
Finance and company news
Newbuilding market
S&P market
Demolition market
Economic overview
Operating and voyage costs
Legislation, environment and shipping news
Small is beautiful… but size still matters for owners
The latest expert overview of the LPG market from addresses the key issues facing producers, shipping participants, investors and observers.
Rates for small gas carriers usually rise in winter but with an almost non-existent orderbook and plenty of elderly vessels approaching the end of their working lives, this sector is poised to enjoy sustained growth.
The LPG fleet bounced back in 2003 with a 3.4% increase in capacity following a fall in 2002 in which fleet capacity declined for the first time. However, if high scrapping levels continue 2004 could see another fall.
Freight rates, which also experienced a dismal 2002, recovered some ground in 2003 and owners should look to 2004 as the year that they get back on track.
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