LNG shipping rates stage off-peak hike
Assessed rates are twice or more last year’s levels, riding high on strong buying interest for LNG cargoes as importers seek to refill inventories that are running low, ahead of another possibly colder winter
‘We see this liquefied natural gas interest in the large regional price differentials in natural gas between exporters and importers, which make it highly profitable to ship LNG,’ says Cleaves Securities