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Tankers and Gas Energy Coronavirus

Pandemic second wave and LNG supply glut imperil winter rates strength

Supply of LNG outpaces demand at same time as overcapacity seen for LNG carriers

  • Analysis

A winter demand spike has lifted daily spot earnings for LNG carriers to above $100,000 on routes from the US Gulf, as Asia prices for the commodity gain. However, rates are still around $40,000 per day below last year’s level

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Tankers and Gas Energy Coronavirus
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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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