Second LNG freight swap trades on nascent indices
The BLNG3 index was introduced on a trial basis in March along with two other LNG routes. It went live in mid-August. LNG is seen as one of the fastest-growing seaborne trades for 2019, with volumes expected to rise 8%
As the LNG market becomes more commoditised, the freight market is now starting to catch up in terms of transparency and the ability to trade freight derivatives will become an important tool
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