Its prediction came amid a widescale boost in its estimates for the LPG sector, which has seen it lift VLGC rate forecasts by 40%.
Analysts led by Nicolay Dyvik say VLGC rates could go to $200,000 or even $300,000 daily in 2015 given the wider canal if the current $414 per ton spread on US and Chinese propane is extracted 100% in higher time charter rates.
“We
