LPG shipowners are experiencing a positive pushback from the opening of contango in the product market, Avance Gas says.
Reuters reports today that the 82,200-cbm Berge Nantong (built 2006) is one of four VLGCs at anchor off Singapore being used for storage.
VesselsValue mapping shows that three other VLGCs, the 83,300-cbm BW Kyoto (built 2010), the 84,000-cbm Aurora Njord (built 2016) and the 82,000-cbm Progress (built 2009) are also anchored close by off the Lion City.
