$BWLPG.OL CEO describes how LPG remains at the bottom of the Panama Canal food chain. As a result, many VLGCs are bypassing Panama and driving tonne-miles. This will persist well into 2024.

👈لن تتمكن أي ناقلات كبيرة من المرور عبر قناة بنما

وتبين أنه اعتباراً من بداية العام المقبل 2024، لن تتمكن أي ناقلة كبيرة من المرور عبر هذه القناة المائية التي تربط المحيط الأطلسي بالمحيط الهادئ.
من المحتمل أيضًا ألا تتمكن VLGCs (ناقلات الغاز الكبيرة جدًا) من المرور عبر قناة…

It’s a Mixed Monday for Shipping in Europe:
- Tankers: -1-2%
- Dry Bulk: +1% to -1%
- $CLCO +3%
- VLGCs +1% to -1%
- Containers +1%, $MPCC +4%
- Car Carriers +1%

$AGAS $BWLPG $GCC $WAWI $OET $HAFNI $FRO $TRMD $DIS.MI $GOGL $CADLR $CLCO

LPG exports from the US to Northeast Asia through the Panama Canal have risen to levels seen last year. Despite this, some VLGCs still choose to transport cargo via the Cape of Good Hope

$LPG $GASS

50! That’s the number of VLGCs ballasting via Suez/Cape to US. That’s about 15% of the entire commercially active fleet We in Avance Gas will talk more market dynamics on our Q3 Webcast next Tuesday Nov 28 at 14:00 CET / 08:00 am EST. Hope you can join!

It’s finally a True Friday Funday in Europe 🥳🥳:
- Tankers: +2-3%
- Dry Bulk+2-6%
- $DNORD +11% 🔥
- VLGCs +3%
- $MAERSK +7% 🔥
- $HAUTO +4%.

Big Gainz! 💪💪

Mid-size LPG holds as VLGCs see correction in January, $GASS and $NVGS leading

UAE-based company, ADNOC Logistics & Services (ADNOC L&S) , the shipping and maritime logistics division of the Abu Dhabi National Oil Company ( ADNOC ), has accepted and put into service five new dual-fuel large-tonnage gas carriers, carriers of petroleum gas LPG (type VLGCS ).

The number of ballast and laden VLGCs is coming together, with an increasing proportion of ballast vessels heading to the Middle East, while the count for voyages to the US reaches its peak per Vortexa
$NVGS $AGAS $LPG

14:20 Crude Tankers- Long term bullish
LNG- Will they scrap 30% of fleet to offset supply?
LPG- Spectacular cash flows for VLGCs medium term
Containers- Oversupply to plague industry for years

$FRO $INSW $GOGL $SBLK $EGLE $LPG $FLNG
2/2

PanCan transit delays are rising for VLGCs, w auction fees now said to be close to $2m again. Ballasters via CoGH is adding to tonne-miles

The US/FE LPG arb is now supportive of theoretical VLGC spot rates ~$184k/d, w spot (~$116k/d on Friday) expected to open the week in green

#Shipping Daily🚢

- Höegh Autoliners $HAUTO: Another very convincing report, ~NOK 4 of Q3 dividend | #carcarriers

- #VLGC : Propane inventories still full - VLGCs booking material Q1 coverage at USD 100,000/day+ | $BWLPG

Clients can access our daily shipping comment in our…

Shipping GREEN in Europe today:

- Tankers +1-2%
- Dry Bulk Flattish
- VLGCs +2%
- Containers +1%. $HLAG +5%
- Car Carriers +1-2%

$AGAS $BWLPG $GCC $WAWI $OET $HAFNI $FRO $TRMD $DIS.MI $GOGL $CADLR $CLCO

Big haulers are particular boats intended for the transportation of fluid cargoes,including oil,synthetic compounds,& melted gases

They come in different sizes,from little waterfront bighaulers to superenormous unrefinedtransporters(ULCCs)& extremely huge gas transporters(VLGCs)

Ganesh Benzoplast, in collaboration with BW LPG and Confidence Petroleum, is set to develop LPG terminal JNPT, Navi Mumbai

BW LPG is world's largest owner / operator of Very Large Gas Carriers (VLGCs)

Construction to start in H1 2024 and expected full operation by 2026

Arr, listen up me hearties! This be a hearty tale of the treasure trove known as DORIAN LPG LTD, a vessel what hauls that firewater, $LPG, around the seven seas with her shiny fleet o' modern VLGCs.

She's had quite a jolly roger of a time from 2022-10-01 to 2023-09-30. In terms…

Solvang signs for two more VLGCs dlvr.it/SvGGw5

- BLPG: 5337 (-102)

VLGCs green in Oslo, RED in non-Oslo.

$LPG $AGAS $BWLPG $GASS $NVGS

VLGC spot rates are sliding, as expected. Little activity reported amidst an unsupportive arb. Further downside risk

BLPG1 -5% to $156k/d
BLPG3 -3% to $151k/d

We are closed our long positions on Friday and Monday and are currently neutral VLGCs

#LPG #shipping

The count of loaded Very Large Gas Carriers (VLGCs) passing through the Panama Canal may see a resurgence in the upcoming months.

Vortexa

$GASS $LPG $AGAS