The LPG arb now indicates ~USD 70k/day upside in VLGC spot rates. ABGSC '24e EBITDA 21% above cons. TP NOK 144 (145) – P/NAV 0.84x.

25 Aug 2023
Still too cheap

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Still too cheap
- Published:
25 Aug 2023 -
Author:
ABGSC Shipping & Transport Research | Petter Haugen | Oliver Dunvold -
Pages:
16 -
The LPG arb now indicates ~USD 70k/day upside in VLGC spot rates. ABGSC '24e EBITDA 21% above cons. TP NOK 144 (145) – P/NAV 0.84x.