LPG in World Markets: Softening sentiments for larger vessels pull down MGCs
LPG World Markets
August 2020
A combination of new deliveries and pressure from larger tonnage groups saw average one-year Time Charter…
LPG in World Markets: Spot TCE earnings go below TC rates
LPG World Markets
July 2020
VLGC freight rates have nosedived in the past two months amid lower export volumes from the…
LPG Market Outlook: Uncertainty in oil markets weigh on Middle East exports
LPG Market Outlook
June 2020
Earlier this month, the members of OPEC+ agreed to extend the 9.7 MMb/d production cuts on…
Baltic rate plummets
LPG in World Markets
June 2020
The Baltic rate started the year on a great note and the weekly average…
US production to fall sharply between May and October
LPG Market Outlook
May 2020
The number of US drilling rigs in operation continues to fall and is now at…
Canada deepens LPG sector investments
LPG in World Markets
February 2020
Waterborne propane exports from Canada have been steady at around 40,000 b/d (two VLGCs…
LPG in World Markets: VLGC fleet expands 7% in 2019
LPG in World Markets
December 2019
The global LPG fleet comprised 1,111 vessels at the…
LPG in World Markets: New LNG Projects Nearly Double Australian LPG Exports
LPG in World Markets
August 2019
As Australia’s Ichthys LNG project ramps up production, LPG seaborne exports have also increased sharply….
LPG in World Markets: Spanish Imports Rising on Petchem Demand, Lower Production
LPG in World Markets
July 2019
Spanish LPG imports were up by 15% in 1Q 2019 from the same period in…
LPG in World Markets: Indonesia’s LPG Demand to Grow Despite Gas Pipeline Build-Out
LPG in World Markets
May 2019
Indonesia is expanding its gas pipeline network to supply natural gas to residential customers in…
