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Number of Semi Ref Vessels at the Start of 2014
Number of Pressure Vessels at the Start of 2014
Our industry leading team focuses exclusively on the highly specialised demands of the seaborne transportation of petrochemical gases and coastal LPG (liquefied petroleum gas).
We have an expert understanding of the very specific requirements of this market sector, characterised as it is by a high turnover of global shipments in a range of specialist vessels: pressure, semi-refrigerated and ethylene from 1,500 to 23,000 cubic metres. The petrochemical gas trade consists primarily of shipments of ethylene, propylene, butadiene and vinyl chloride monomer (VCM) all of which are used extensively as raw materials within the industrial production of a wide variety of plastics and synthetic rubber.
Working seamlessly, our teams in London and Oslo bring specialist knowledge and extensive experience to oil majors, petrochemical producers and traders alike. Our main business areas include: spot chartering for individual charters; term charters for both Contracts of Affreightment (CoAs) and short or long timecharters; and the sale and purchase of both secondhand vessels and the contracting of newbuildings.
Our clients benefit from our unique insight into the market.
Director Petrochemical Gas
Dedicated analysts enable better informed decision making by providing clients with a range of market intelligence including up to date information on worldwide developments in trade, export volumes and a broad range of other data about this highly specialised sector. We have access to extensive information on the gas fleet on Shipping Intelligence Network and publications such as the Gas Carrier Register, published by our colleagues in Clarksons Research.
Trust and reputation are key differentiators for our team and our clients can be assured of a bespoke service, backed up by the highest level of support from our experienced broking and operations staff.
Director Petrochemical Gas
Semi Ref / Eth Gas
Small Semi-Ref / Eth Gas
upto 4,999 m3
upto 9,999 m3
DryPmx: Many charterers who are able to chose to go in house as levels further slipped. fresh cargo needed to prevent further decline
DryPmx: Pressure continued to build in Atlantic Market, especially in North where cargo supply is particularly thin.
FFA: New 2yr highs achieved on IO earlier but a weak close sees us down 50c on the day with the mkt hanging in the balance. Mar last 89.75
FFA: Another day dominated by the DCE IO currently struggling to break away from 700. Swaps and spot both easing a touch with mar last 85.65
FFA: positivity as IO market again finds new highs. DCE trading at 712.5 (eqv 103.5 USD) but phys spot lagging with TSI index $91.8 +4.8