Tag Archives: Dorian LPG
LPG Shipping: Imminent Seasonal & Cyclical Upside (31-page report)
We see the cycle turning to expansion in 2018 as supply growth turn negative and annualized demand growth continues around 10%. We also see signs of seasonal factors materializing, including more US LPG available for export, a rising price differential...
Posted in LPG shipping, shipping, VLGC
Tagged AVANCE, avance-no, bw lpg, BWLPG-NO, dorian, Dorian LPG, LPG-US
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LPG-US: Initiation (Neutral, TP 6.9)
Dorian LPG has a fleet of 22 modern Very Large Gas Carriers (VLGC) with four on long time charters and the rest by large exposed to the current lackluster spot market. Recent corporate actions highlights the continued necessity of shoring up...
