LPG carrier owners are not expecting a newbuilding shopping spree to tank the sector.

With rates at multi-year highs, Dorian LPG chief executive John Lycouris and Avance Gas finance head Peder Simonsen said they expect the market to remain steady on Capital Link's LPG webinar Tuesday.

"I think that the orderbook is reasonable, keeping people at bay from ordering more ships," Lycouris said.