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Tag: VLGC


Shipping

Energy shipping boom: Propane tankers breach $100,000 a day

November 7, 2022

Via: FreightWaves

Fossil-fuel shipping is going from strength to strength and shows no signs of peaking. Rates for some very large gas carriers (VLGCs) have now topped $100,000 per day. Liquified natural gas (LNG) carriers crossed into six-digit territory months ago. The […]


Shipping

LPG Shipping Market Brushes off Saudi Arabia Drone Attacks

October 3, 2019

Via: World Maritime News

The consultancy attributed the industry’s resiliency to the incident to Saudi Arabia’s stockpile and increased exports from the U.S. The drone attack in Saudi Arabia on September 14, in which oil installations were targeted, forced the country to shut down […]