The worst may be over for LNG shipping
A back-end loading of new export capacities in the US this year has bolstered rates, which will also see support from seasonal winter demand, Evercore ISI analysts said. But a mismatch of newbuild tanker deliveries and start-ups of new liquefaction plants has also weighed on rates and any improvement in fleet utilisation is expected to spill over to next year
Rates have rebounded from near-three year low and will continue to rise, though rounding up the year at far from record highs
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