While most headlines in the LNG sphere dealt with the coronavirus and its impact on LNG exports and cargo cancellations, a niche segment – LNG-to-power – has been budding in the background. With the right regulations, these projects can generate LNG demand quickly, easing the pressure on the LNG shipping market.
China’s LPG demand has started recovering with PDH operating rates improving after the shutdowns due to the outbreak of the coronavirus (COVID-19) in January. The pandemic has not impacted PDH expansion plans in the country as three PDH facilities are set to open in 2Q20.
In this 50-page special report, Drewry’s investment research team updates its independent assessment of the financial health of the box shipping industry. The full report is now available to purchase online.