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Chinese Imports of US LPG Have Yet to Fully Recover, But Total US LPG Exports Are Up
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
Jan 82 min read


Venezuela Developments: Preliminary Implications for Global Shipping
January 5, 2026 Recent U.S. intervention in Venezuela represents a major geopolitical development, but a relatively modest near-term event for global shipping markets. Venezuela’s current role in seaborne oil trade is limited, and despite the country’s large reserves, any meaningful recovery in crude production will require substantial time and investment. The more relevant shipping implications lie in trade flow reshuffling, sanctions enforcement and dark fleet adaptations,
Jan 64 min read


New Year Perspective: Managing Through Fat Years and Lean Years
In the Book of Genesis, Joseph interprets Pharaoh’s dreams as a warning of seven years of plenty followed by seven years of famine. His advice was not to deny the coming abundance, but to “look for a wise man,” someone who would manage the years of plenty, so that abundance itself did not become the cause of ruin when the cycle turned. The shipping market has its own cycles, three major cycles of which are apparent in the data from 1985. We are currently at or near peak re
Dec 19, 20253 min read


Marsoft’s outlook will be updated later this month in our Q32025 Release
Our team will shed light on the impact of all the pressing matters and uncertainty shipping is facing today: Red Sea diversions , OPEC ...
Aug 11, 20251 min read


Market Shifts and Political Ripples: Key Takeaways from Marsoft’s NYC Executive Briefing
Deal Consequences: Tariffs, Tankers, Bulkers & Trump – an added extra at Marine Money NYC this year. This select senior executive...
Jun 20, 20251 min read


Tariffs, macro risks & shipping markets—what now? New episode of the Marsoft Beat
In the latest Marsoft Beat, Ryan Uljua sits down with Marsoft President Dr. Arlie Sterling to unpack what >100% US-China tariffs mean for...
Apr 30, 20251 min read


China's Retaliatory Tariffs on US LPG exports and Impact on VLGC Spot Rates
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...
Apr 11, 20252 min read


Reciprocal Tariffs: A New Era for Global Trade and Shipping?
April 4, 2025 The opening salvo of the so-called “reciprocal tariffs” announced by the US on April 2nd took the world by surprise. Both...
Apr 4, 20254 min read


Marsoft Q1 2025 Containership Market Report Released
We are pleased to announce the release of Marsoft’s Q1 2025 Containership Market Report. This report offers a detailed analysis of the...
Mar 18, 20251 min read
