Newbuild VLGC orders already double 2020 total
Orders for around 16 new very large gas carriers were placed in the first four months of 2021 compared with 13 for the whole of last year. The latest VLGC orderbook consists of 56 vessels as of end-April this year
A combination of factors underpins the recent ordering spree, but a key feature of recent contracting is the focus on LPG-fuelled vessels and their relative efficiency
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