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日本海事新聞ニュース Japan Maritime Daily Mar 09, 2026 (Mon)

VLGC Spot Chartering Stalls in Middle East as Vessels Shift to US Routes

 Due to the blockade of the Strait of Hormuz by Iran, the VLGC (Very Large LPG <liquefied petroleum ・・・ %E3%80%80Due+to+the+blockade+of+the+Strait+of+Hormuz+by+Iran%2C+the+%3Cb%3EVLGC%3C%2Fb%3E+%28Very+Large+LPG+%EF%BC%9Cliquefied+petroleum+gas%EF%BC%9E+Carrier%29+market+has+almost+come+to+a+halt+in+terms+of+spot+charters+for+Middle+Eastern+shipments.+Chartering+negotiations+have+effectively+been+halted+for+the+past+week%2C+and+the+Baltic+Exchange+has+also+postponed+the+update+of+the+Middle+East+freight+index+as+of+March+5.+Some+%3Cb%3EVLGC%3C%2Fb%3Es+are+heading+towards+the+United+States%2C+another+major+source+of+LPG%2C+and+as+a+result+of+the+concentration+of+vessel+holds%2C+there+is+downward+pressure+on+U.S.+freight+rates.+%3Cbr%3E%E3%80%80As+of+March+4%2C+the+Baltic+Middle+East+Far+East+%3Cb%3EVLGC%3C%2Fb%3E+freight+index+was+%24106+per+ton%2C+with+time+charter+equivalent+earnings+%28TCE%29+of+%2479%2C800.+However%2C+since+there+are+no+actual+contract+reports%2C+it+is+considered+a+public+announcement+based+on+the+indicative+values%2C+and+the+update+on+March+5+was+postponed.+%3Cbr%3E%E3%80%80According+to+Chisato+Kashiwabara%2C+the+LPG+team+leader+at+Energy+Price+Reporting+Agency%2C+Rim+Intelligence+%28headquartered+in+Chuo-ku%2C+Tokyo%29%2C+since+the+military+attack+on+Iran+by+the+United+States+and+Israel+on+February+28%2C+there+has+been+%E2%80%9Calmost+no+contracts%E2%80%9C+for+spot+cargo+and+chartering+of+Middle+Eastern+LPG.+%3Cbr%3E%E3%80%80In+Saudi+Arabia%2C+there+was+a+malfunction+in+the+production+facilities+in+late+February+before+the+attack+on+Iran%2C+and+a+cancellation+notice+for+LPG+shipments+in+March+had+been+issued.+As+a+result+of+this+impact%2C+there+does+not+appear+to+have+been+a+shift+in+shipments+from+the+Red+Sea+side+of+Saudi+Arabia%2C+as+has+been+the+case+with+crude+oil.+%3Cbr%3E%E3%80%80Meanwhile%2C+the+freight+rate+for+cargoes+bound+for+the+Far+East+from+the+United+States+on+March+5+was+%24146+a+ton%2C+or+%2465%2C400+TCE%2C+down+by+nearly+10%25+from+the+%24160+a+ton+rate+recorded+immediately+after+the+attack+on+Iran+on+March+2.+The+main+reason+is+thought+to+be+the+easing+of+supply+and+demand+due+to+a+shift+of+shipping+capacity+from+the+Middle+East.+%3Cbr%3E%3Cbr%3E%3Cbr%3E%3Cbr%3EDisclaimer%3A+The+English+translations+provided+through+this+service+are+the+result+of+translations+made+by+The+Japan+Maritime+Daily+or+automatically+and+mechanically+translated+by+The+Japan+Maritime+Daily+using+an+automated+translation+system+provided+by+a+third+party+after+certain+processing+of+the+Japanese+content+licensed+by+the+third+party.+In+terms+of+the+English+translation%2C+The+Japan+Maritime+Daily+and+MarineNet+Co.%2C+Ltd.+make+no+warranty+or+burden+of+any+kind%2C+express+or+implied%2C+including+its+accuracy%2C+reliability%2C+validity+or+fitness+for+a+particular+purpose.+MarineNet+Users+should+fully+understand+that+this+service+uses+an+automated+translation+system+that+automatically+and+mechanically+recognizes+and+analyzes+information+and+produces+results.+The+users+should+understand+the+above+conditions+before+using+this+service.%3Cbr%3E%3Cbr%3E%E5%85%8D%E8%B2%AC%E4%BA%8B%E9%A0%85%EF%BC%9A%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%82%92%E4%BB%8B%E3%81%97%E3%81%A6%E6%8F%90%E4%BE%9B%E3%81%95%E3%82%8C%E3%82%8B%E8%8B%B1%E8%A8%B3%E3%81%AF%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%BD%9C%E6%88%90%E3%81%99%E3%82%8B%E3%81%8B%E3%80%81%E5%8F%88%E3%81%AF%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8B%E3%82%89%E4%BD%BF%E7%94%A8%E8%A8%B1%E8%AB%BE%E3%82%92%E5%8F%97%E3%81%91%E3%81%9F%E6%97%A5%E6%9C%AC%E8%AA%9E%E3%81%AE%E3%82%B3%E3%83%B3%E3%83%86%E3%83%B3%E3%83%84%E3%82%92%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%81%8C%E4%B8%80%E5%AE%9A%E3%81%AE%E5%87%A6%E7%90%86%E3%82%92%E8%A1%8C%E3%81%A3%E3%81%9F%E4%B8%8A%E3%81%A7%E3%80%81%E7%AC%AC%E4%B8%89%E8%80%85%E3%81%8C%E6%8F%90%E4%BE%9B%E3%81%99%E3%82%8B%E8%87%AA%E5%8B%95%E7%BF%BB%E8%A8%B3%E3%82%B7%E3%82%B9%E3%83%86%E3%83%A0%E3%82%92%E5%88%A9%E7%94%A8%E3%81%97%E3%81%A6%E8%87%AA%E5%8B%95%E7%9A%84%E3%83%BB%E6%A9%9F%E6%A2%B0%E7%9A%84%E3%81%AB%E7%BF%BB%E8%A8%B3%E3%81%97%E3%81%9F%E7%B5%90%E6%9E%9C%E3%81%A7%E3%81%82%E3%82%8A%E3%80%81%E6%97%A5%E6%9C%AC%E6%B5%B7%E4%BA%8B%E6%96%B0%E8%81%9E%E3%80%81%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%81%AF%E3%80%81%E5%BD%93%E8%A9%B2%E8%8B%B1%E8%A8%B3%E3%81%AB%E9%96%A2%E3%81%97%E3%81%A6%E3%80%81%E3%81%9D%E3%81%AE%E6%AD%A3%E7%A2%BA%E6%80%A7%E3%80%81%E4%BF%A1%E9%A0%BC%E6%80%A7%E3%80%81%E5%A6%A5%E5%BD%93%E6%80%A7%E5%8F%8A%E3%81%B3%E7%89%B9%E5%AE%9A%E7%9B%AE%E7%9A%84%E3%81%B8%E3%81%AE%E9%81%A9%E5%90%88%E6%80%A7%E3%82%92%E5%90%AB%E3%82%81%E3%80%81%E6%98%8E%E7%A4%BA%E5%8F%88%E3%81%AF%E9%BB%99%E7%A4%BA%E3%81%AB%E3%82%82%E3%80%81%E3%81%84%E3%81%8B%E3%81%AA%E3%82%8B%E4%BF%9D%E8%A8%BC%E3%82%82%E3%81%97%E3%81%BE%E3%81%9B%E3%82%93%E3%80%82%E3%83%9E%E3%83%AA%E3%83%B3%E3%83%8D%E3%83%83%E3%83%88%E3%83%A6%E3%83%BC%E3%82%B6%E3%83%BC%E3%81%AF%E3%80%81%E3%81%93%E3%81%AE%E3%82%B5%E3%83%BC%E3%83%93%E3%82%B9%E3%81%8C%E3%80%81%E8%87%AA%E5%8B%95%E7%9A%84%E3%81%8B%E3%81%A4%E6%A9%9F%E6%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