LNG and LPG Freight Markets See Upward Momentum

Capt. John
  • LNG rates increased across both the Pacific and Atlantic basins, with significant gains on key routes and upward movement in time charter markets.
  • VLGC rates in the LPG sector saw a strong increase, particularly in the Middle East Gulf (MEG), with a 20% rise in Baltic TCE earnings week-on-week.
  • The Atlantic LPG market also strengthened, with Houston-based routes recording modest to notable gains.
LNG Market Trends

The LNG market continued its upward trajectory this week, with freight rates...

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