Momentum in LPG market – new ammonia landmarks

May saw rise in VLGC rates after April plunge The LPG market strengthened through May, with VLGC spot rates climbing steadily. The benchmark Ras Tanura–Chiba route reached USD 52,600/day – up 25% from the 2024 average – while MEG–Asia earnings rose 24% week-on-week mid-month. This marks a strong rebound from April’s brief dip below USD […]

Mixed start, strong finish to May

Market overcame volatile early trends this month The tanker market saw mixed trends in early May, with both upward and downward pressure at times. Crude rates initially fluctuated before regaining momentum mid-month, supported by increased fixing activity. By late May, average VLCC and Suezmax earnings had firmed, and the product tanker segment saw notable strength, […]

Strong numbers in the face of tariff risks

Market remains solid – trade tensions still represent long-term risk The PCTC market remained firm throughout April, with charter rates still elevated compared to historical levels, though somewhat lower than the record highs of 2023–2024. Market sentiment was influenced by trade policy developments as the U.S. prepared to implement new import tariffs on foreign-built vehicles by […]

Trade developments bring only limited disruption

EMF’s shipping investments are well shielded from tariff turmoil April brought significant geopolitical developments, though recent decisions have eased some immediate pressure. The US placed its newly announced tariffs on a 90-day pause, allowing room for negotiations and reducing short-term risks for shipping markets. Earlier, the US proposed broad tariffs, including a 10% duty on […]

US-China tensions causing worldwide upheaval

Volatile month for LPG shipping as trade tensions stir market The VLGC and LPG markets experienced significant volatility throughout April, shaped by geopolitical developments and trade tensions. The month started quietly for the VLGC market, with stable sentiment. However, escalating US–China trade tensions led to a sharp market correction mid-month, creating significant volatility and temporarily […]

Tanker market strengthens in April

Tight supply and rising oil volumes are causing rates to surge The tanker market strengthened throughout April, supported by a tightening supply of compliant vessels, renewed sanctions, and increased global oil production. The shrinking pool of compliant tankers – those able to trade freely without sanctions risk – became increasingly visible in earnings. Despite the […]

Navigating onwards together – Thank you for your trust!

Dear EMF Investors, In light of the current uncertainty and geopolitical tensions affecting global markets, we would like to sincerely thank you for your continued trust in and commitment to European Maritime Finance. We have experienced a solid inflow of new investors over the recent period, and it is encouraging to see that more investors […]