Avance Gas believes the VLGC market will continue to perform strongly over the next two years.
Oslo-listed Avance told investors today it sees more upside than downside in 2016 and 2017.
Its view came in a presentation released to investors and is supported by the belief US exports will grow and shipments from the Middle East will remain stable.
Avance notes VLGC rates of $92,000 per day in 2015, a fraction down on the 2014 record.
