RE:RE:RIPET GunnerG: Interesting. MY thought. Altagas has excess propane to be shipped
"UNHEDGED" at $542usd/tonne. This is $43 usd/ bbl. ! This might be equivalent to shipping a full load in the VLGC hedged in terms of net earnings. Clever.
This will definitely add to the bottom line for the 1st qtr.
GLTA
RFguy.
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GunnerG - (3/18/2021 12:08:44 PM) RE:RIPET Thanks rfguysd, great information. Great facts, no speculation.
Another tanker on its way to Ripet, the Pertusola. ATA is March 29th to Prince Rupert anchorage. It is passing through the Panama Canal recently.
I was surprised at the size, it is only 1/4 the size of those that usually arrive at Ripet (12,800 GT).
Should be a quick turn around for 1/4 tanker.