Freight Rates 2018-2019
US$ pr. ton
Due to the US increasing its share of global LPG export, we will hereafter show VLGC freight rates in the two main markets, illustrated by the Baltic Index and US Gulf to Japan route. The Baltic VLGC index is the official price index out of the Middle East, quoted by a panel of shipbrokers for the route Middle East-Japan. The US Gulf-Japan route is the main route out of the US, quoted weekly by Clarksons Platou and Poten & Partners.
The chart shows weekly quotes in $/ton, and is normally updated every Monday.