Jefferies Upbeat on LNG, LPG and Dry Bulk Shippers

Maritime Activity Reports, Inc.

January 26, 2018

© inlovepai / Adobe Stock

© inlovepai / Adobe Stock

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"
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)
Maritime Reporter Magazine Cover Jan 2019 - Ship Repair & Conversion: The Shipyards

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News