LPG carrier rates are climbing ever higher with more room to grow, Fearnleys Securities said.
The Baltic Exchange's LPG Index hit 5,368 on Tuesday, the highest level since late January, before dipping to 5,335 on Wednesday.
The Oslo investment bank argued that there is reason to believe the climb will continue into 2022.
"There are [reasons] for some optimism with higher prices likely stimulating further growth, first and foremost out of US but also [Middle East Gulf] volumes on the back of higher Opec+ output," Fearnleys said in its morning...
