Global LPG flows on the road to recovery

Global seaborne LPG exports have staged a significant recovery, climbing back to a 28-day moving average of 4.8 million barrels per day in May. This rebound follows severe disruptions caused by geopolitical tensions in the Middle East Gulf and the temporary closure of the Strait of Hormuz. As VLGC and LGC carriers resume standard transit routes, major export hubs like Ras Tanura and Yanbu are seeing increased activity, signaling a stabilization in the energy supply chain for international markets.

The resumption of these critical trade routes requires strict adherence to the International Maritime Organization (IMO) International Gas Carrier (IGC) Code, which governs the design, construction, and equipment of ships carrying liquefied gases in bulk. Compliance with SOLAS Chapter II-2 regarding fire protection and detection systems remains paramount for LPG carriers navigating high-risk zones. Furthermore, vessels must ensure that their Safety Management Systems, as mandated by the ISM Code, are updated to reflect current security protocols and risk assessments for transit through volatile maritime chokepoints.

Navigating officers and masters must prioritize enhanced bridge watchkeeping and security drills when transiting the Strait of Hormuz. These professionals should maintain rigorous compliance with the latest BMP5 guidance to mitigate regional security risks. By staying informed on updated vessel routing and reporting procedures, deck officers can ensure the safe and efficient delivery of LPG cargoes, maintaining operational continuity despite the lingering volatility in global energy transport corridors.