Norwegian shipping veteran Paal Caspersen, 76, is benefitting from strong rates in LPG shipping.

“We are enjoying the fantastic rates in the market for medium-size and large LPG carrriers,” he said, explaining to Norwegian daily Dagens Naeringsliv that they are now at an all-time high.

Sjoinvest last year logged a pre-tax profit of NOK 34m ($5.5m) against a profit of NOK 11m in 2012.

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