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Latest Updates
Jul 13:
Shipping Update
8Know more about why the tanker market is going to get worse before it gets better.
8Meanwhile the spot rate for VLGCs improved in June 2018 on the back of healthy vessel demand from Indian charterers and better arbitrage trading opportunities.
8Then again, ship-owners remain worried as China, one of the top three buyers of US LPG may impose a 25% tariff on US propane, in order to retaliate against the additional USD 16bn of US tariffs.
LNG carrier rates double
8To be noted is the fact that LNG shipping rates have been firm over the past few weeks, bucking the seasonal trend of what is usually the weakest period of the year. LNG spot shipping rates are currently USD 78,000 per day, which is more than double what it was in the same period last year.
8In our prices section, please find daily LNG prices and shipping rates
Click on Reports and in also on our Prices section for more
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8Know more about why the tanker market is going to get worse before it gets better.
8Meanwhile the spot rate for VLGCs improved in June 2018 on the back of healthy vessel demand from Indian charterers and better arbitrage trading opportunities.
8Then again, ship-owners remain worried as China, one of the top three buyers of US LPG may impose a 25% tariff on US propane, in order to retaliate against the additional USD 16bn of US tariffs.
LNG carrier rates double
8To be noted is the fact that LNG shipping rates have been firm over the past few weeks, bucking the seasonal trend of what is usually the weakest period of the year. LNG spot shipping rates are currently USD 78,000 per day, which is more than double what it was in the same period last year.
8In our prices section, please find daily LNG prices and shipping rates
Click on Reports and in also on our Prices section for more
