New York-listed Navigator Holdings has noted continuing rises in rates for midsize LPG carriers in a positive trading update.

The shipowner said freight numbers strengthened during the last three months of 2021.

UK shipbroker Clarksons’ 12-month time-charter assessment for handysize semi-refrigerated vessels jumped 15% from $590,000 per month at 30 September to $680,000 by the end of December.