Time charter equivalent (TCE) earnings for VLGCs have broken new records a day after the freight figure per tonne hit an all-time high.
At the start of the week, trips from the Middle East Gulf to Chiba in Japan were paying $150 per tonne.
A day later, TCE rates hit new highs on this route and from the US Gulf to Chiba, Avance Gas chief executive Oystein Kalleklev said in a post to the X platform.
