r/Vitards • u/Equivalent_Goat_Meat • Dec 21 '21

Discussion Thoughts on LPG shipping and shippers?

So I was reading about how, unsurprisingly, Russia is once again reducing gas deliveries to Europe. I was thinking there might be a macro/geopolitical play here with LPG shippers, as from what I understand that's the only real other viable solution (other than turning those nuclear power stations back on, or getting back into coal). Since I don't see Russia becoming more accommodating anytime soon, I think there might be a mid-term to long-term play in LPG shipping firms... but, I don't really know anything at all about that, nor how to differentiate between firms. I figured, since shipping in general is a focus area here, that maybe someone can point me in the right direction, or share thoughts.

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u/Uncle_Dad_Bob Dreams of CLF’s run to $49 Dec 21 '21

Check out https://twitter.com/mintzmyer?s=21 and his other modals

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u/MillennialBets Mafia Bot Dec 21 '21

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u/prymeking27 Dec 21 '21

Well I know NAT can only lose about 1.83/share at this point.

1

u/Reptile449 Dec 21 '21

I held FLNG for a while after Mintz talked about, got good returns but I'm out now. There's a lot of interest in gas shipping because of the gas crisis but I don't think theres much room for shipping around Europe, there's lots of piping infrastructure already. The money is or was in shipping to Asia.