January 8, 2026 Megan Kennedy at Marsoft gives some pointers on the current VLGC market: VLGC rates are still seeing gains as we enter the new year. Spot rates on both the US–Japan and Middle East–Japan routes are currently above $60,000 per day, more than $20,000 per day higher than this time a year ago. Rates for these routes averaged a similar amount in December, and yet China has not returned fully to importing LPG from the US as it did before tariffs and the trade war b

December 5, 2025 By Megan Kennedy Spot rates for conventional VLGCs have started the last month of 2025 averaging more than 30% higher than rates in December of 2024. So far this month, VLGC rates have topped over $60,000 per day, and for Q4-to-date, conventional rates are averaging roughly $57,000 per day – some 40% higher than the same quarter last year.   The fourth quarter is typically a lower-demand period for VLGCs, whereby Asian demand falls back after its Q3 seasonal

In recent months, VLGC rates witnessed sustained highs, which were largely unpredicted by many forecasters. VLGC rates for conventional...

In the latest Marsoft Beat, Ryan Uljua sits down with Marsoft President Dr. Arlie Sterling to unpack what >100% US-China tariffs mean for...

April 11, 2025 The trade war between the US and China continues to escalate at a disturbing pace. As of April 10th, 2025, the US imposed...

Comment by Megan Kennedy Across multiple LPG market calls we’ve attended over the last month, industry players talked about the recent...

Fleet sustainability and a greener future for all is top of mind for Marsoft, and we strive to accurately reflect the value of energy...

LNGC spot rates saw spectacular gains in October and November, with rates skyrocketing to more than $400,000 per day, before falling...

VLGG spot rates, which soared to new highs above $125,000 per day in the fourth quarter of 2022 on the heels of stronger Asian and...