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Thu, Jun

VLGCs break $50,000 barrier for first time in seven months

VLGCs break $50,000 barrier for first time in seven months

VLGC spot rates are riding seven-month highs as a pause in the US-China trade war and tighter ship supply push up earnings.

The big gas carriers have seen rates move

VLGC spot rates are riding seven-month highs as a pause in the US-China trade war and tighter ship supply push up earnings.

The big gas carriers have seen rates move above the $50,000 per day mark for the first time since October.

Saudi Arabia to Japan voyages are paying $51,800 per day, according to the Baltic Exchange.

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Original Source TRADEWINDS

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Original Source TRADEWINDS

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