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Tankers and Gas Mid-Year outlook LPG

LPG: caught between topsy-turvy trade policies as market enters seasonally strong period

  • With US-China tariffs significantly eased — at least temporarily — flows from US Gulf to China are likely to resume
  • USTR plan could lead to a decoupling of freight rates in the Middle East Gulf and the US Gulf, with Chinese-owned vessels shunning the US
  • Easing of US-China trade tensions comes as VLGCs enter the seasonally stronger months, and as new export capacity in the US Gulf is set to come online

  • Analysis

VLGCs are entering the seasonally stronger second half of the year amid the fallout from the US-China trade war

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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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