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LPG, Ammonia & Petrochemical Gases

Gibson has been a leader in LPG and petrochemical gases for over 40 years and is home to one of the industry’s largest team.

We have the ability, experience and coverage to work and analyse the market on a global scale, covering coaster vessels through to VLGCs.

The market is currently seeing the largest expansion of cargo supply and fleet growth in its history, where timely information, strong relationships and innovative ideas is key to success.

New markets continue to emerge in this sector including green ammonia, ethane, Co2 and hydrogen with Gibson at the forefront of this development.

LPG, Ammonia & Petrochemical Gases in numbers

1700+

Gas carriers

2000+

Fixtures per year

130m

Tonnes shipped in 2022 from 100 countries

About LPG, Ammonia & Petrochemical

Product Broking

LPG product broking forms a key component of our gas service offering, enabling us to service the full LPG value chain and provide unique market intelligence to our clients.

Research & Analysis

Our on-desk analysts provide market insight, data and analysis to our clients, supported by our Consultancy & Research team who monitor longer term supply, demand, macroeconomic and regulatory trends.

Operations & Post Fixture

Our team of experience operators work alongside our brokers and clients ensuring efficient execution and performance of contracts, together with support and advice.

LPG team

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Aaron Mata

Broker

Department: LPG Coasters / Petrochemicals
Location: Singapore

Afico Lee

Broker

Department: LPG Product Broking
Location: Singapore

Alastair Fowler

Director – VLGC

Department: LPG Shipbroking
Location: London
Tel: +44 (0) 20 7667 1195

Alex Ward

Coaster Broker

Department: LPG Coasters / Petrochemicals
Location: London
Tel: +44 (0) 20 7667 1160

Alvin Yin

Broker

Department: LPG Coasters / Petrochemicals
Location: Singapore

Charlie Jones

Coaster Broker

Department: LPG Coasters / Petrochemicals
Location: London
Tel: +44 (0) 20 7667 1212

Craig Lockwood

MGC & Handysize Broker

Department: LPG Shipbroking
Location: London
Tel: +44 (0) 20 7667 1165

Daniel Ward

Director – Coasters

Department: LPG Coasters / Petrochemicals
Location: London
Tel: +44 (0) 20 7667 1261

Edward Mah

Broker Assistant

Department: LPG Shipbroking
Location: Singapore

Eunice Cheang

Broker

Department: LPG Coasters / Petrochemicals
Location: Singapore

Harry Greene

VLGC Broker

Department: LPG Shipbroking
Location: London
Tel: +44 (0) 20 7667 1177

Harry Palmer

MGC & Handysize Broker

Department: LPG Shipbroking
Location: London
Tel: +44 (0) 20 7667 1042

Harry Whittall-Brown

Coaster Broker

Department: LPG Coasters / Petrochemicals
Location: London
Tel: +44 (0) 20 7667 1168

James Allan

VLGC Broker

Department: LPG Shipbroking
Location: London
Tel: +44 (0) 20 7667 1245

Jeremy Tang

Gas Operations

Department: LPG Operations
Location: Singapore

Karan Ramchandani

Senior Operator

Department: LPG Operations
Location: London

Lalit Parkar

LPG Operator

Department: LPG
Location: Mumbai

Macy Dye

VLGC Broker

Department: LPG Shipbroking
Location: London

Propelling maritime trade through excellence in shipping services.

With over 130 years of experience and a global network of industry connections, we are your trusted partner in shipbroking and advisory services.
Tankers
From crude oil to refined products we facilitate the chartering and brokerage of tankers.
LPG, Ammonia & Petrochemical Gases
Leveraging expertise, we ensure seamless transportation of liquefied gases.
Sale & Purchase
Facilitating the acquisition, divestiture and value optimisation of shipping vessels.
Specialised & Chemical Tankers
Offering specialised solutions, we manage the chartering and brokerage of chemical tankers.
Projects & Time Charter
Catering for the specific needs of clients in project and time charter requirements.
Consultancy & Research
Providing valuable insights and strategic advice to empower our clients with market intelligence and analysis.
LNG
Facilitating chartering solutions to ensure the efficient and secure transportation of LNG.
Dry Cargo
Managing and actioning the chartering and brokerage of dry bulk commodities.

Discover more weekly reports

Tanker Market Report 20.12.24

The Year in Review

2024 started with fresh OPEC+ supply cuts and the onset of the EU’s Emissions Trading Scheme, though both of these seemingly impactful stories were quickly swept away by a wave of Houthi attacks on commercial shipping passing through the Red Sea. While these attacks initially targeted only Israeli linked vessels, they quickly became more indiscriminate leading to large scale re-routing from the Suez Canal to the Cape of Good Hope with no end currently in sight, although attacks on merchant vessels have subsided somewhat.

View report
Tanker Market Report 13.12.24

Choppy Waters Ahead

In recent years, the tanker market has faced quite a few tailwinds. Structurally, the industry has benefitted from the colossal gains in tanker tonne miles following sanctions on Russia, the exit of aging tonnage into the grey fleet and minimal new deliveries. This year, the rerouting via Cape of Good Hope has also supported the clean tanker market.

View report
Tanker Market Report 06.12.24

Keep Rollin

Yesterday OPEC+ made the seemingly inevitable decision to roll over production cuts for another 3 months, acknowledging that the current fundamentals do not allow for additional OPEC+ production. In fact, with the fundamentals suggesting a well-supplied market for 2025, the group further slowed the pace of production increases.

View report
Tanker Market Report 29.11.24

Mexican Standoff

President-elect Donald Trump has announced that he will implement a 25% tariff on all products entering the US from Canada and Mexico. Sources indicate that oil will not be exempted from the tariffs, and as such oil flows could be significantly impacted. Canada exports over 4 mbd to the US, the vast majority of which is heavy crude transported on pipelines and difficult to redirect. Mexico on the other hand, exports around 500 kbd of mostly heavy crude to the US, all of which is seaborne and more readily redirected. If these tariffs are implemented, how will Mexican and Canadian oil flows change?

View report
Tanker Market Report 22.11.24

Persistent Weakness

Crude and product tanker markets have been under heavy pressure so far in Q4, with clean West rates currently the only bright spot. Whilst markets are frequently volatile, persistently weaker returns in the middle of a traditionally strong fourth quarter are causing concern. What are the demand factors behind weaker rates and earnings?

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Tanker Market Report 15.11.24

The latest East-West divide

Lacklustre oil demand from China has been a leading story in tanker markets this year. In its annual report published in June, the IEA forecast Chinese demand growth of 480 kbd for 2024, which has been revised downwards several times this year, to now 150 kbd. The reasons cited behind the slowing demand growth are many, ranging from increased adoption of EVs and LNG trucks, to a slowdown in industrial activity and consumer spending.

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Tanker Market Report 08.11.24

Too Close to Call?

With the stunning election of Donald Trump as the 47th president of the United States, energy and shipping markets are now frantically calculating the impact on their business plans. For tanker shipping, the president-elect’s support for the US oil sector suggests good times lie ahead. However, in reality the picture is far more complex, with a number of bullish and bearish outcomes depending on the policy decisions made. 

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Tanker Market Report 01.11.24

Long View

The IEA has just updated its long-term view of oil markets. As usual, the agency presented different scenarios and cautioned that its outlook does not provide a forecast of what will happen; instead, it offers several scenarios that explore different possible futures, depending on certain assumptions at government, industry, and consumer level.

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Tanker Market Report 25.10.24

Made in America

American crude production has gone from strength to strength in recent years, despite a recent slowdown. After a low of 5 mbd in 2008 and worries about the dependency of the US on imports, the shale revolution massively increased production capabilities over the last decade. The EIA saw crude production at 13.5 mbd last week, a new record.

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Tanker Market Report 18.10.24

Orderbook vs Aging Fleet

Investment in new tankers today is not a simple decision, considering mounting environmental pressure, uncertainty about future vessel designs and concerns about the viability of global oil demand in the long term. Despite this, ordering activity surged last year to its highest level since 2015 and has continued at a robust pace this year. 

View report
Tanker Market Report 11.10.24

eMissions Control

The shipping markets are no stranger to emissions control areas (ECAs), following the establishment of ECAs in the United States, Baltic and Northern Europe. From the 1st of May 2025, the entire Mediterranean Sea will become an ECA, with the maximum sulphur content of fuel burned on board falling from 0.5% to 0.1%, unless fitted with an exhaust gas cleaning system (scrubber) capable of reducing stack emissions to this level.

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Tanker Market Report 04.10.24

Chinese Stimulus

Chinese oil demand has been underwhelming this year. The IEA had to revise their full year forecast downwards, largely based on lacklustre figures coming out of China. It now sees Chinese oil demand growth at 180 kbd this year, and an additional 260 kbd in 2025 will bring the total to 17 mbd. The reasons cited were primarily the weak consumer spending on the back of ongoing housing crisis and low industrial activity, whilst the growing share of EVs in the Chinese car fleet and higher uptake of LNG trucks also played an important role. Recently crude imports into China rebounded, though according to Reuters 1.85 mbd went into stockpiles in August, indicating domestic demand and refinery throughput remained low.

View report
Tanker Market Report 27.09.24

Russian Effect

Monumental shifts in global tanker flows that followed the Russian invasion of Ukraine led to structural increases in crude and product tanker tonne miles back in 2022 and 2023, significantly impacting tanker rates and earnings. Whilst these changes in flows were essentially a one-off event, it appears that Russian trade can still impact the mainstream tanker market now, even if the vast majority of its flows have shifted into a grey fleet. 

View report

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Whether it’s tankers, clean products or specialised cargo, find a trusted broker in navigating the seas of global trade, and get access to a connected team of seasoned shipping professionals, operational excellence and unmatched strategic guidance.

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Discover relevant industry news, insights & events

News 04.12.24

Celebrating a decade of Gibson Houston

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News 30.10.24

Ed Romer-Lee Appointed as Head of Crude / DPP, West

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News 01.10.24

Wrapping Up Gibson’s 2024 Impact Challenge

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News 06.08.24

Establishing Hope: Gibson’s New Initiative in Kawangware, Nairobi

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News 10.06.24

Gibson appoints Thomas Woidemann as Head of Gas, Asia

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News 15.02.24

Gibson appoints Gerrit Stricker as Head of LNG, hires Romain Grandbesancon

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News 20.05.23

Team Gibson comes 3rd in the Baltic Exchange Sailing Event

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News 28.01.22

A Successful Opening

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News 20.12.21

Nigel Richardson retires as Managing Director

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News 06.06.21

New member profile: Paratus Group

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News 01.03.21

Gibson opens India office

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News 20.04.20

Gibson appoints Roger Harrison as new Deputy Managing Director

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