VLGC spot rates hit record highs

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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 to Clarksons Research. The record-breaking run has been driven by a