--- title: LPG market rebounds firmly after slow start description: "A promising future is emerging for ammonia as a maritime fuel\n\nMarch witnessed steady progress in the LPG and ammonia sectors, with clear signs that the long-term fundamentals—particularly for ammonia—are continuing to strengthen." image: https://blog.maritimefinance.ch/hubfs/M4_article_2.jpg --- [![EMF](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/EMF.png)](https://maritimefinance.ch/fr) - [ABOUT](https://maritimefinance.ch/about-us/) - [OUR FLEET](https://maritimefinance.ch/our-fleet/) - [PAST PERFORMANCE](https://maritimefinance.ch/past-performance/) - [INVESTMENTS](https://maritimefinance.ch/investments/) - [MARKET NEWS](https://blog.maritimefinance.ch/en/marketreportweekly) - [GLOBAL NEWS](https://maritimefinance.ch/global-news/) - [CONTACT US](https://maritimefinance.ch/contact-us/) - [ABOUT](https://maritimefinance.ch/about-us/) - [OUR FLEET](https://maritimefinance.ch/our-fleet/) - [PAST PERFORMANCE](https://maritimefinance.ch/past-performance/) - [INVESTMENTS](https://maritimefinance.ch/investments/) - [MARKET NEWS](https://blog.maritimefinance.ch/en/marketreportweekly) - [GLOBAL NEWS](https://maritimefinance.ch/global-news/) - [CONTACT US](https://maritimefinance.ch/contact-us/) [![fr_FR](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/fr_FR.png)](https://blog.maritimefinance.ch/marketreportweekly?hsLang=en) [![en_GB](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/en_GB.png)](https://blog.maritimefinance.ch/en/marketreportweekly?hsLang=en) [![fr_FR](https://blog.maritimefinance.ch/hubfs/Maritime_Finance_April2024/images/fr_FR.png)](https://blog.maritimefinance.ch/marketreportweekly?hsLang=en) ![LPG market rebounds firmly after slow start](https://blog.maritimefinance.ch/hubfs/M4_article_2.jpg) # LPG market rebounds firmly after slow start - Home - [\[Market Report\] Monthly](https://blog.maritimefinance.ch/en/market-report-monthly) - LPG market rebounds firmly after slow start 04/08/2025 [LPG market update](https://blog.maritimefinance.ch/en/market-report-monthly/tag/lpg-market-update) 1 Minutes ![M4_article_2](https://blog.maritimefinance.ch/hs-fs/hubfs/M4_article_2.jpg?width=1200&height=772&name=M4_article_2.jpg) A promising future is emerging for ammonia as a maritime fuel March witnessed steady progress in the LPG and ammonia sectors, with clear signs that the long-term fundamentals—particularly for ammonia—are continuing to strengthen. LPG: Recovery Underway This month, the VLGC market has recovered, with spot rates climbing back to around $40,000 per day after being lower earlier in the year. Seasonal export flows from the United States and plans to increase export capacity by 25% over the next two years are supporting this trend. Ammonia: Long-term Momentum in Development Ammonia is advancing as a carbon-free maritime fuel and as a traded commodity. This month's highlights include: - MOL and CMB.Tech are launching nine ships capable of operating on ammonia with long-term charters [(learn more).](https://blog.maritimefinance.ch/en/marketreportweekly/ammonia-momentum-gaining-ground?hsLang=en) - A 400,000-ton green ammonia plant project in India, backed by six major Japanese companies [(learn more).](https://blog.maritimefinance.ch/en/marketreportweekly/ammonia-momentum-gaining-ground?hsLang=en) - A **€7 billion green hydrogen project in Egypt** focused on fueling ships in the Suez Canal [(learn more).](https://blog.maritimefinance.ch/en/marketreportweekly/egypt-signs-7b-green-hydrogen-deal?hsLang=en) These developments demonstrate significant confidence within the industry. With three VLACs already included in our portfolio, EMF is perfectly positioned in this rapidly growing market. The successful full-load test of MAN's ammonia engine further confirms the reliability of our ships' technology. Confidence for the Future The LPG market is stabilizing, while ammonia is increasingly establishing itself as a long-term strategic asset. We remain confident in the strength of our positioning in both segments. *Sources: Clarksons, Tradewinds, Hydrogen Insights* --- #### Tag: [LPG market update](https://blog.maritimefinance.ch/en/market-report-monthly/tag/lpg-market-update) #### Share: - [Follow us on Facebook](http://www.facebook.com/share.php?u=https://blog.maritimefinance.ch/en/market-report-monthly/lpg-market-rebounds-firmly-after-slow-start) - [Follow us on Twitter](https://twitter.com/intent/tweet?url=https://blog.maritimefinance.ch/en/market-report-monthly/lpg-market-rebounds-firmly-after-slow-start&text=LPG%20market%20rebounds%20firmly%20after%20slow%20start) - [Follow us on Linkedin](http://www.linkedin.com/shareArticle?mini=true&url=https://blog.maritimefinance.ch/en/market-report-monthly/lpg-market-rebounds-firmly-after-slow-start) - [Follow us on Pinterest](http://pinterest.com/pin/create/button/?url=https://blog.maritimefinance.ch/en/market-report-monthly/lpg-market-rebounds-firmly-after-slow-start&text=LPG%20market%20rebounds%20firmly%20after%20slow%20startdescription=A%20promising%20future%20is%20emerging%20for%20ammonia%20as%20a%20maritime%20fuel%20March%20witnessed%20steady%20progress%20in%20the%20LPG%20and%20ammonia%20sectors,%20with%20clear%20signs%20that%20the[...]&media=https://143789414.fs1.hubspotusercontent-eu1.net/hubfs/143789414/M4_article_2.jpg) --- #### [Modest March activity, but rates remain healthy Previous Post](https://blog.maritimefinance.ch/en/market-report-monthly/modest-march-activity-but-rates-remain-healthy?hsLang=en) #### [March – a lucrative month for the tanker market Next Post](https://blog.maritimefinance.ch/en/market-report-monthly/march-a-lucrative-month-for-the-tanker-market?hsLang=en) --- [![EMF](https://blog.maritimefinance.ch/hs-fs/hubfs/Maritime_Finance_April2024/images/cropped-EMF-2.png?width=600&height=632&name=cropped-EMF-2.png "EMF")](https://maritimefinance.ch/fr) #### European Maritime Finance AG ##### Lausanne Rue du Lion-d’Or 6 1003 Lausanne Suisse +41 21 588 04 89 [contact@maritimefinance.ch](mailto:contact@maritimefinance.ch) ##### Zug Gotthardstrasse 26 6300 Zug Suisse +41 41 588 18 56 [contact@maritimefinance.ch](mailto:contact@maritimefinance.ch) - Policies - [Cookies policy](https://maritimefinance.ch/cookies-policy/) - [Privacy policy](https://maritimefinance.ch/privacy-policy/) - [Sustainability policy](https://maritimefinance.ch/esg/) - [Complaints policy](https://maritimefinance.ch/complaint-policy/) - [Legal disclaimer](https://maritimefinance.ch/legal-disclaimer/) - Shortcuts - [OUR FLEET](https://maritimefinance.ch/our-fleet/) - [ABOUT US](https://maritimefinance.ch/about-us/) - [INVESTMENT](https://maritimefinance.ch/investments/) - [ESG](https://maritimefinance.ch/esg/) - [CAREER](https://maritimefinance.ch/career/) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Admin", "url" : "https://blog.maritimefinance.ch/en/market-report-monthly/author/admin" }, "dateModified" : "2025-04-08T09:22:58.211Z", "datePublished" : "2025-04-08T09:22:58.000Z", "headline" : "LPG market rebounds firmly after slow start", "image" : [ "https://blog.maritimefinance.ch/hubfs/M4_article_2.jpg" ], "mainEntityOfPage" : { "@id" : "https://blog.maritimefinance.ch/en/market-report-monthly/lpg-market-rebounds-firmly-after-slow-start", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.maritimefinance.ch/hubfs/EMF_logo_positiv_0224.png" }, "name" : "SIPA Group SA (EMF)" } } ```