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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

LPG, Ammonia & Petrochemical Gas team

Aaron Mata

Broker – Coasters, Petrochemicals

Department: LPG, Ammonia & Petrochemical Gas Shipbroking
Location: Singapore

Afico Lee

Broker

Department: LPG Product Broking
Location: Singapore

Alastair Fowler

Sectional Director – VLGC

Department: LPG, Ammonia & Petrochemical Gas Shipbroking
Location: London
Tel: +44 (0) 20 7667 1195

Alex Ward

Broker – Coasters, Petrochemicals

Department: LPG, Ammonia & Petrochemical Gas Shipbroking
Location: London
Tel: +44 (0) 20 7667 1160

Alvin Yin

Broker – Coasters, Petrochemicals

Department: LPG, Ammonia & Petrochemical Gas Shipbroking
Location: Singapore

Charlie Jones

Broker – Coasters, Petrochemicals

Department: LPG, Ammonia & Petrochemical Gas Shipbroking
Location: London
Tel: +44 (0) 20 7667 1212

Craig Lockwood

Broker – Handy, MGCs, Ammonia

Department: LPG, Ammonia & Petrochemical Gas Shipbroking
Location: London
Tel: +44 (0) 20 7667 1165

Daniel Ward

Sectional Director – Coasters

Department: LPG, Ammonia & Petrochemical Gas Shipbroking
Location: London
Tel: +44 (0) 20 7667 1261

Edward Mah

Operator / Broker Support

Department: LPG, Ammonia & Petrochemical Gas Shipbroking
Location: Singapore

Eunice Cheang

Broker – Coasters, Petrochemicals

Department: LPG, Ammonia & Petrochemical Gas Shipbroking
Location: Singapore

Harry Greene

Broker – VLGC

Department: LPG, Ammonia & Petrochemical Gas Shipbroking
Location: London
Tel: +44 (0) 20 7667 1177

Harry Palmer

Broker – Handy, MGCs, Ammonia

Department: LPG, Ammonia & Petrochemical Gas Shipbroking
Location: London
Tel: +44 (0) 20 7667 1042

Harry Whittall-Brown

Broker – Coasters, Petrochemicals

Department: LPG, Ammonia & Petrochemical Gas Shipbroking
Location: London
Tel: +44 (0) 20 7667 1168

James Allan

Broker – VLGC

Department: LPG, Ammonia & Petrochemical Gas Shipbroking
Location: London
Tel: +44 (0) 20 7667 1245

Jeremy Tang

Gas Operations

Department: LPG, Ammonia, & Petrochemical Operations
Location: Singapore

Karan Ramchandani

Senior Operator

Department: LPG, Ammonia, & Petrochemical Operations
Location: London

Lalit Parkar

Operator

Department: LPG, Ammonia, & Petrochemical Operations
Location: Mumbai

Macy Dye

Broker – VLGC

Department: LPG, Ammonia & Petrochemical Gas Shipbroking
Location: London

Discover more weekly reports

Tanker Market Report 16.05.25

Aging Fleet

The tanker fleet is aging. The last couple of years have seen few deliveries and little scrapping as a strong market and a growing dark fleet has kept many vessels from being beached. Second-hand asset values surged in the years following Russia’s invasion of Ukraine, as especially older vessels have found ready buyers in the dark fleet and sanctioned markets with prices far exceeding scrap values. With 51% of the total tanker fleet of 25,000 dwt and above aged 15 years and older and 22% above the age of 20, it begs the question of how aging has impacted fleet utilisation. Part of the answer lies in dark and sanctioned fleet activity, with 93% of the dark fleet aged 15 and over, and 64% aged 20 years and older.

View report

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