Persian Gulf-Japan VLGC rates set for more gains after reaching record above $150/mt

Capt. John

VLGC rates on the key Persian Gulf-Japan route are expected to rise further through Q4, as North Asian LPG demand strengthens during winter, after tight tonnage, longer journeys with rising US-to-Asia flows and busy drydocking schedule propelled freight to the highest on record at $154.5/mt Sept....

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/091423-persian-gulf-japan-vlgc-rates-set-for-more-gains-after-reaching-record-above-150mt

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