Germany's Hartmann Reederei has re-flagged an LPG carrier to the domestic register as it spies an upward trend in markets.

The company said its 35,000-cbm GasChem Bremen (built 2010) has raised the German flag after six years with Liberia.

"After more than eight years of crisis in the shipping industry, the re-flagging of GasChem Bremen means to send out a positive signal for us," said managing director Michael Ippich.

"The