LNG Shipping Market Posts Weekly Gains

AI Summary

The LNG shipping market gained strength over the week, with increased fixing activity east of Suez tightening available vessel supply and Atlantic spot rates improving. On the Australia–Japan route, rates rose by $9,600 week on week, though subdued cargo demand and ample tonnage limited further gains.

LNG The LNG market strengthened this week, with relatively high fixing activity east of Suez helping to tighten vessel availability. The Atlantic also saw a gradual improvement in spot rates, although cargo demand remains relatively subdued and the tonnage list continues to limit further upside. On the BLNG1 Australia–Japan route, rates increased by $9,600 week-on-week ...