{"id":58866,"date":"2026-05-29T11:25:46","date_gmt":"2026-05-29T09:25:46","guid":{"rendered":"https:\/\/maritimefinance.eu\/?p=58866"},"modified":"2026-05-29T12:42:51","modified_gmt":"2026-05-29T10:42:51","slug":"the-us-becomes-the-worlds-default-lpg-supplier","status":"publish","type":"post","link":"https:\/\/maritimefinance.eu\/da\/the-us-becomes-the-worlds-default-lpg-supplier\/","title":{"rendered":"The US becomes the world&#8217;s default LPG supplier"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"58866\" class=\"elementor elementor-58866\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-58879b0 e-flex e-con-boxed e-con e-parent\" data-id=\"58879b0\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4045524 elementor-widget elementor-widget-image\" data-id=\"4045524\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1200\" height=\"400\" src=\"https:\/\/maritimefinance.eu\/wp-content\/uploads\/2026\/05\/M5_26_article_2_cropped.jpg\" class=\"attachment-1536x1536 size-1536x1536 wp-image-58883\" alt=\"The US Becomes the World&apos;s Default LPG Supplier-EMF-Maritimefinance\" srcset=\"https:\/\/maritimefinance.eu\/wp-content\/uploads\/2026\/05\/M5_26_article_2_cropped.jpg 1200w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2026\/05\/M5_26_article_2_cropped-300x100.jpg 300w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2026\/05\/M5_26_article_2_cropped-1024x341.jpg 1024w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2026\/05\/M5_26_article_2_cropped-768x256.jpg 768w, https:\/\/maritimefinance.eu\/wp-content\/uploads\/2026\/05\/M5_26_article_2_cropped-18x6.jpg 18w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5d685fe elementor-widget__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"5d685fe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<h4 style=\"font-weight: 400;\">With Middle East exports constrained, American LPG has captured a record share of Asian demand, pushing freight rates to their highest level in over a decade<\/h4><p style=\"font-weight: 400;\"><strong>A structural shift in global LPG trade<br \/><\/strong>The Hormuz closure has done more than disrupt LPG flows; it has accelerated a realignment that was already underway. US LPG exports hit an all-time high of 2.8 million barrels per day in April, with shipments to Asia reaching a record 1.7 million barrels per day, up 21% month-on-month. Middle East LPG exports excluding Iran have fallen to around 215,000 barrels per day, pushing vessel availability in the region to historic lows. Houston-to-Chiba freight reached the highest since the benchmark was published in 2013. The US Gulf has effectively become the world&#8217;s swing LPG supplier, a position that has significant implications for trade patterns even if Hormuz eventually reopens.<\/p><p style=\"font-weight: 400;\"><strong>Panama Canal congestion compounds the tightness<br \/><\/strong>Roughly 40% of US LPG carriers heading to Asia in April rerouted via the Cape of Good Hope after canal congestion and surging auction costs made the Panama shortcut uneconomic for many operators. The longer Cape routing increases sailing time by roughly 60%, effectively removing vessels from the market for weeks longer than normal and compressing the pool of available tonnage. This double squeeze, record export volumes on one end and longer voyages on the other, leaves little slack in the system heading into the summer loading season.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0ef65d0 elementor-widget elementor-widget-text-editor\" data-id=\"0ef65d0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"font-weight: 400;\"><em>Sources: <\/em><i>Argus Media, Clarksons Research, Vortexa<\/i><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ffb01f4 e-con-full e-flex e-con e-child\" data-id=\"ffb01f4\" data-element_type=\"container\">\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>With Middle East exports constrained, American LPG has captured a record share of Asian demand, pushing freight rates to their highest level in over a decade A structural shift in global LPG tradeThe Hormuz closure has done more than disrupt LPG flows; it has accelerated a realignment that was already underway. US LPG exports hit [&hellip;]<\/p>","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[75,68],"tags":[],"post_folder":[73,13],"class_list":["post-58866","post","type-post","status-publish","format-standard","hentry","category-draft","category-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The US becomes the world&#039;s default LPG supplier - European Maritime Finance<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/maritimefinance.eu\/da\/the-us-becomes-the-worlds-default-lpg-supplier\/\" \/>\n<meta property=\"og:locale\" content=\"da_DK\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The US becomes the world&#039;s default LPG supplier - European Maritime Finance\" \/>\n<meta property=\"og:description\" content=\"With Middle East exports constrained, American LPG has captured a record share of Asian demand, pushing freight rates to their highest level in over a decade A structural shift in global LPG tradeThe Hormuz closure has done more than disrupt LPG flows; it has accelerated a realignment that was already underway. 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