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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 14.03.25

Sailing the Sea of Sanctions

Just before the end of his presidency, the Biden administration gave a parting gift to the tanker markets as the Office of Foreign Assets Control (OFAC) sanctioned 155 mainly Russia affiliated tankers. In the same week, Shandong Port Group, home to refiners responsible for significant crude imports from countries under US embargo, banned sanctioned tankers from calling into its ports in eastern China. The following weeks saw some redirection of trade flows and rising freight rates especially for VLCCs, as buyers of Iranian and Russian crude attempted to diversify their import streams to safeguard supply.

View report
Tanker Market Report 07.03.25

Navigating Nigeria’s Oil Trade

After countless setbacks, unexpected challenges and a pandemic to deal with, just last month, Reuters reported that the 650kbd Dangote refinery had reached 85% of its operational capacity and could achieve 100% within 30 days, citing company sources. The resumption of operations at the revamped 60kbd Port Harcourt refinery and the 125kbd Warri refinery was also reported by NNPC in late 2024. Undoubtedly, the addition of new capacity and the restart of old plants represent significant achievements for Nigeria, inevitably leading to structural shifts in the country’s product imports and crude exports. However, while changes in trade flows have been observed, they have so far been somewhat limited, considering the reported refining capabilities.

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Tanker Market Report 28.02.25

Section 301

This week, many in the shipping industry likely heard about Section 301 of the US Trade Act for the first time. This provision allows the US to address unfair foreign trade practices affecting US commerce. Last year, the US Trade Representative (USTR) launched an investigation into Chinese shipbuilding and maritime practices, concluding in January 2025 that China engaged in unfair practices. As a result, the USTR has published a proposed action plan and is accepting public comments until March 24.

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Tanker Market Report 21.02.25

Fielding FPSOs

Floating production storage and offloading platforms (FPSOs) are having somewhat of a renaissance. After a challenging covid period higher oil prices carried with it a larger orderbook for FPSOs, several of which are due to be delivered this year. FPSOs allow flexibility in deployment and give cost advantages over traditional production infrastructure, and notably, are currently mostly being deployed offshore, relying on tankers for further transport of oil.

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Tanker Market Report 14.02.25

The Beginning of the End

Last week we titled our report “White House in the Spotlight… Again” and we could just as well use the same headline again this week, with the tanker market outlook very much influenced by decisions made in the US and Moscow. This week, Trump announced that he and President Putin had spoken at length, the first confirmed direct contact between a Russian and US president since 2022. The agenda was of course focused on ending the war in Ukraine. For the first time since the conflict began, it appears there will now be a push for peace. How long this might take, and what that might look like remains unclear, but given how impactful the war has been for the tanker market, it is arguably the most critical factor impacting the medium-term outlook.

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Tanker Market Report 07.02.25

White House in Spotlight… Again

It has been another turbulent week in the oil and tanker markets. Whilst U.S. tariffs on Canada and Mexico were postponed for a month, the 10% tariff on all Chinese products took effect on February 4, with Beijing swiftly retaliating, imposing a 10% tariff on U.S. crude exports and a 15% duty on LNG and coal exports starting February 10, whilst some other measures were also implemented. Later in the week, the market saw another executive order in which President Trump directed the imposition of “maximum economic pressure” on Iran, with the OFAC promptly releasing fresh sanctions, containing a list of individuals, companies and five tankers.

View report
Tanker Market Report 31.01.25

VLCCs in vogue

VLCCs are enjoying a moment in the spotlight. A low orderbook and sanctions news have put a spotlight on the largest asset class in the tanker markets. However, the outlook for VLCCs has been promising before and freight rates have consistently underwhelmed. Is it finally time for VLCCs to shine?

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Tanker Market Report 24.01.25

First Five Days

Following a very impactful end to the Biden era, the oil and tanker markets expected Trump’s second stint in the White House to start where Biden left off. Yet, for all the jaw dropping executive orders issued on other unrelated topics, the shipping and energy markets so far seem to have missed out on any immediate impact. However, even if the details are lacking, some clues are starting to emerge as to how the new President will tackle a number of key energy related issues.

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Tanker Market Report 17.01.25

A Lot Can Happen in a Week

On Friday 10th January, the United States sanctioned Gazprom Neft and Surgutneftegaz, two key Russian insurers and 183 ships, including 156 tankers, sending shock waves through the oil and tanker markets. Crude prices have rallied on concerns of potential oil supply disruptions, greater volatility has also been witnessed in a number of crude and product arbs. Spot crude and product freight across all markets firmed, with exception of most Aframax trades.

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Tanker Market Report 10.01.25

Sanctions Sting?

Earlier this week, news emerged that one of the major port operators in China’s Shandong Province, Shandong Port Group (SPG), would ban the entry of vessels which appear on the United States OFAC sanctions list. Given the fact that independent refiners in the province are the largest receivers of Iranian, Venezuelan and Russian crude, the impact could be significant. Looking at 2024 trade to the ports within SPG’s remit, it becomes possible to get a sense of what sectors might see the greatest impact.

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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.

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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

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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 20.02.25

Shipbroking Majors unite to launch Ocean Recap, the new solution in the Recap & Charter Party management space

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News 28.01.25

Launching Ceremony Of Sabah Oil & Gas Development Corporation Sdn Bhd & Gibson Shipbrokers Ltd,   Oil & Gas And Energy Hub Project At Sipitang Oil & Gas Industrial Park (SOGIP)

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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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