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LNG carrier spot rates poised for surge as market tightens

Most LNG carriers on the spot market have been taken by charterers because pre-winter trading activity has put rocket fuel behind freight rates

Owing to high spot LNG prices, importers in Asia now intend to shun buying LNG at spot rates. They will shift shift their buying strategy to that of securing long-term deals, an approach that was going out of fashion among buyers for providing less flexibility

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