Jefferies Upbeat on LNG, LPG and Dry Bulk Shippers

January 26, 2018

Jefferies optimistic on stocks of LNG, LPG and dry bulk shippers
With spot rates at 4-year highs, brokerage says, "we believe additional LNG liquefaction terminals will continue to stimulate LNG shipping demand above and beyond LNG shipping supply growth"
© inlovepai / Adobe Stock
© inlovepai / Adobe Stock
All shipping sectors to improve through 2018, 2019; "seasonal patience will be required in the dry bulk, refined products and crude tanker sectors" - Jefferies
Improvement in global economic conditions and Chinese preference for high-quality dry bulk commodity imports will help dry bulk carriers
Refinery capacity additions to help refined products tanker demand to outpace new tanker deliveries in 2018

Crude oil tanker market likely to soften through first half of 2018 due to OPEC cuts


(Reporting by Anirban Paul)

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