LNG carrier spot rates poised for surge as market tightens
With liquefied natural gas demand peaking in the winter and general supply tightness, spot rates for LNG carriers are poised to surge in the final quarter of the year. Spot rates have already reached $130,000 a day level
As global LNG prices rise, leading to open Atlantic-Pacific trading windows and increased seasonal demand for floating storage, the excess supply of ships has quickly evaporated