Asian demand for propane continues to build, as does US supply, equating to booming business for LPG tanker owners in the middle.
Large liquefied petroleum gas tankers are riding high on rising U.S. exports and higher Chinese import demand.
Some VLGCs carrying propane and VLCCs carrying crude have joined LNG carriers in shipping’s six-figures-per-day club.
It’s not just container shipping that’s rolling in profits. LPG tanker rates are hitting new highs on Asian demand for U.S. propane.
Challenge to shipping M&A: No one wants to sell in a downturn.
Rates for ocean transport of propane could surge if the worst of the coronavirus crisis is past.
America had been on track to become the world’s largest propane exporter until Saudi Arabia opened its crude spigot.
Shipping bosses warn of huge economic knock-on effects from the coronavirus outbreak.
An exclusive interview with Matt Heider, CEO of voyage-optimization platform Nautilus Labs.
New pact is a plus for tankers, bulkers and box ships, but less so for equities.
Links to 16 exclusive interviews with key decision-makers in ocean shipping.
U.S.-China deal should boost shipping stock sentiment, assuming investors believe it’ll stick.
An exclusive interview with John Hadjipateras, founder and CEO of NYSE-listed Dorian LPG.
New ship orders are grinding to a halt due to uncertainty over which designs can meet future GHG rules.
Ship owners like Dorian LPG are reaping the benefits of very strong VLGC spot rates.
Geopolitical and trade tensions are having an increasing effect on shipping rates.
There are some positive signs for shipping rates, but overall, disappointment prevails.
With new backing from Microsoft, start-up readies for technical and geographic expansion of optimization services for shipping assets.
