In overall terms 2011 and 2012 to date have been a positive period for the owners of LPG carriers. Freight rates have been firm and the world fleet has enjoyed a good level of employment. LPG shipowners have remained mostly profitable despite increases in operating costs and bunker prices. In stark contrast to the situation pertaining in most other shipping segments, spot and time charter rates for LPG vessels have continued to be strong over the past 18 months. On balance LPG product prices al....

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