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Tankers and Gas Annual Outlook LPG

LPG: A second-half boost, but wildcards cloud forecast

  • Softer rates to continue into 1H25, but some factors may mitigate seasonality
  • Second half looking firmer on back of extra Texan capacity
  • Trump policies, and to a lesser extent Panama Canal, add uncertainty

  • Analysis

While fourth-quarter softness is expected to extend into 2025, VLGCs should benefit from more US Gulf cargoes in the second half of next year. However, repercussions from potential Trump tariffs on China remain a key unknown

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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