GENERAL

US Expert Sees Shortage of LPG Carriers

Rising long-haul crude oil and LPG production in the Middle East, coupled with a reluctance on the part of once-bitten importers to commit themselves to charters or new buildings, is likely to create a genuine shortage of LPG carriers in the next two years, according to Mr. Michael D. Tusiani, the Chairman of Poten and Partners Inc. of New York.

In a paper on "The Gas Trade" delivered to the Norwegian Shipping Academy's...