VLGC spot rates hit five-year high, closing in on $100,000 a day

Spot rates for VLGCs are on the cusp of hitting $100,000 a day, having hit highs in recent days not seen since August 2015. Rates for large LPG carriers are now in the region of $90,000 a day, having been on a steep charge from last month. In terms of dollars per tonne, VLGCs are …

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