Maritime Reader

MARITIMEINTELLIGENCEDAILY11 MAY 2026 MONDAY
GeneralSplash247·about 3 hours ago

VLGC spot rates hit record highs

Splash247

Very large gas carrier (VLGC) spot rates have surged to record levels, with benchmark freight on the Houston-to-Chiba route climbing to $290 per metric tonne and daily earnings spiking to almost $170,000 per day – the highest level ever recorded for the series, according…