Tag Archives: VLGC
AVANCE-NO: Initiation (BUY, TP 28)
Avance Gas has a fleet of 14 Very Large Gas Carriers (VLGC) mainly constructed in China and South Korea. Despite the full spot rate exposure in an abysmal market, the company will retain a robust liquidity position on our estimates ahead...
Posted in shipping Tagged LPG, VLGC 16 Comments