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Gas Shipping: Latest market insight


26 Nov: The VLGC market in 2025 remained highly volatile, with occasional rate spikes overshadowed by weak fundamentals.

 

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Navin Kumar

Navin Kumar


Aman Sud

Aman Sud


Pratiksha Negi

Pratiksha Negi

Gas shipping


Latest opinion: 16 Mar 2026

Caught in crossfire: India faces LPG supply crunch

The escalated armed conflict in the Middle East has sent ripples across global energy markets, but few countries are as exposed as India. As one of the world’s largest importers of LPG, the country now faces a critical supply gap, following the ‘technical’ closure of the Strait of Hormuz.

 

13 Mar 2026: LNGC loadings down in Qatar post force majeure, as the conflict continues

Drewry AIS shows Qatar loaded only 7 LNGCs in week 10 (ending 6 March) due to heightened tensions in the Middle East following the closure of the Strait of Hormuz.

 

12 Mar 2026: Strait of Hormuz update: VLGCs ballasting from Gulf of Oman; Asian petchem receives a serious blow

Drewry AIS showcases several VLGCs that reached or were idling in the Gulf of Oman have altered course towards the USGC as buyers scramble to procure alternative cargoes for the disrupted Middle Eastern LPG supplies.

 

06 Mar 2026: Maritime Equities and the Middle East conflict

The start of the US-Iran conflict and its impact on the maritime industry suggest that geopolitical concerns are here to stay. In this thought piece, we decode the initial impact of this conflict on maritime equities.

 

02 Mar 2026: Middle East on fire: Implications for VLGCs

The escalating armed conflict in the Middle East has transformed the shipping sector’s worst nightmare into reality—the “technical” closure of the Strait of Hormuz—on 28 February 2026.

 

A watchful eye on both the LPG and LNG shipping sectors

Our gases shipping practice is highly respected in the industry and is regularly followed and referenced in both industry and mainstream media. The team is responsible for maintaining extensive information resources and conducting weekly, monthly and annual analysis on the sector and assessing the impact of macroeconomic as well as regulatory and environmental change on the sector. 

In addition to detailed market analysis and rigorous forecasting, we offer market leading analysis of both LPG and LNG shipping markets, covering all the principle vessel categories, as well as appraisals of shipping finances, including pricing, operating costs, vessel values and investment returns. We challenge conventional wisdom through our deep understanding of the trade dynamics driving demand for different vessel types in all corners of the world.

Our consultants typically provide commercial due diligence for investors and lenders and market entry strategies, including financial analysis, to shipowners and operators. Meanwhile, our team of financial research specialists provides actionable insight on the leading LPG and LNG shipowners. 

An elite and diverse group of industry stakeholders from shipowners, to charterers, port authorities, investors and financial intermediaries rely on our range of weekly, monthly and annual market research, sector expertise and commercial experience to help inform decisions, reduce costs and drive performance improvement.

Key Contacts

Navin Kumar

Navin Kumar


Aman Sud

Aman Sud


Pratiksha Negi

Pratiksha Negi

Key Contacts

Navin Kumar

Navin Kumar


Aman Sud

Aman Sud


Pratiksha Negi

Pratiksha Negi

Latest Updates

Caught in crossfire: India faces LPG supply crunch

Caught in crossfire: India faces LPG supply crunch


LNGC loadings down in Qatar post force majeure, as the conflict continues

LNGC loadings down in Qatar post force majeure, as the conflict continues


Strait of Hormuz update: VLGCs ballasting from Gulf of Oman; Asian petchem receives a serious blow

Strait of Hormuz update: VLGCs ballasting from Gulf of Oman; Asian petchem receives a serious blow

Advisory services for the gas shipping sector

Advisory services for the gas shipping sector

Recent Case Studies

Crewing availability study for rapidly expanding global LNG fleet


Benchmarking of LNG fleet operating cost and earnings

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LNG Forecaster (Annual Subscription)

LNG Forecaster (Annual Subscription)


PDF Editions and Drewry OnDemand · Latest release 09 Apr 2026


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LPG Forecaster (Annual Subscription)

LPG Forecaster (Annual Subscription)


PDF Editions and Drewry OnDemand · Latest release 18 Feb 2026


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