Ukraine crisis creates geopolitical turmoil, clouding VLGC market in 2022: BW LPG

The geopolitical turmoil from Ukraine crisis has clouded the VLGC market in 2022, even as the market was starting to see improvement following disruption from volatile LPG freight and new coronavirus variants, BW LPG, a unit of shipping major BW Group, said in a report on March 3. Near-term rate volatility could be triggered by bunker-price shocks, changing trading patterns,…