LPG, Ethane and Ammonia Shipping Market Assessment

Drewry was appointed to conduct an independent assessment of the global LPG shipping sector, analysing demand drivers, fleet dynamics and trade flows across key regions. The study highlighted robust tonne-mile growth driven by US export expansion and evolving import demand in Asia, supporting earnings resilience. It also identified cyclical risks linked to orderbook growth and freight rate volatility, shaping a balanced medium-term outlook for the sector.