MISC forecasts optimism for LNG shipping market
MISC notes petroleum tanker rates have risen in recent months. It expects them to stay robust in the fourth quarter and sees the year ending on a firmer note. This was driven by strong seasonal fundamentals, reinforced by geopolitical factors such as the attacks on Saudi oil installations and tankers
MISC believes a surge in spot rates in the LNG shipping segment has raised expectations for a run-up to a robust winter market
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