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Tankers and Gas Annual Outlook LPG

LPG: The good, the bad and the geopolitics

  • Large orderbook looms over VLGC market in 2026
  • New export capacity in the US Gulf and Middle East will offset some of the new vessel supply
  • US trade policy could inject volatility
  • Mainstream owners could gain if the US can disrupt Iranian LPG exports

  • Analysis

After a year shaped by US-China trade swings and tightening Iran sanctions, the VLGC sector enters 2026 balancing a swelling orderbook against expanding export capacity and unpredictable geopolitical forces

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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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