Special energy cargoes/LPG - www .iene .gr
Special energy cargoes/LPG - www .iene .gr
Special energy cargoes/LPG - www .iene .gr
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FREIGHT MARKETS RECOVERING<br />
1400<br />
1200<br />
1000<br />
800<br />
600<br />
400<br />
200<br />
80+ Fr<br />
Series2<br />
35k Fr<br />
28/30k<br />
24k Fr<br />
1 year time charter rates ($/month)<br />
0<br />
jan. 00 jan. 02 jan. 04 jan. 06 jan. 08 jan. 10<br />
Source: Joachim Grieg<br />
• Rates following world<br />
economic fundamentals and<br />
concerting in the longer run<br />
• VLGC market have<br />
absorbed oversupply and<br />
are rebounding. Future<br />
LGCs questioned. Effect<br />
trickling down to lower<br />
segments<br />
• Midsize and Handy looking<br />
stronger<br />
⇒ New New shipping shipping cycle cycle was was<br />
well well anticipated anticipated and and<br />
rather rather obvious obvious<br />
8
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