VLGC sale and purchase activity steady over 2019
LPG in World Markets
December 2020
Following a year of robust activity in the sale and purchase (S&P) market in 2018,…
Long waiting times at Panama Canal expected to ease
LPG in World Markets
November 2020
The Panama Canal authority had to reduce the number of slots between May and Sep…
VLGC fleet expansion gains momentum
LPG in World Markets
October 2020
In 2019, the rate of growth in the net VLGC fleet supply increased as there…
Scrubbers lose sheen as LFSO-HFSO price spread narrows
LPG in World Markets
September 2020
The price spread between LSFO and HSFO, a useful measure to calculate how much money…
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…
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…
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…
