VLGC supply-demand pressure seen continuing
Lower US production and unfavourable arbitrage economics are likely to put the very large carrier segment under pressure during the rest of the year and first half of 2021. But the market is expected to improve from the second half next year
Poten expects to see significant increase in global seaborne supply of LPG with total exports at slightly above 111m tonnes in 2020 and less than 113m tonnes in 2021