US ethane and ethylene trades require another 100 ships, Stifel estimates
With US ethane and ethylene exports expected to increase on infrastructure development, up to 100 vessels would need to be built to meet shipping requirement, according to Stifel estimates. Newbuilding prices for those ships are higher as they need to specifically designed to carry the two types of cargoes
Niche trades based on by-products of shale gas are expected to boom on US Gulf export infrastructure development