LNG spot market runs out of steam
by
Martyn Wingrove - Lloyd's List
—
last modified
Feb 22, 2010 12:26 PM
Spot rates for liquefied natural gas carriers have fallen to five-month lows following a lack of spot cargo sales this month.
Spot fall: LNG market "exceedingly quiet"
Rates for LNG carriers operating in the Atlantic and southeast Asian trading regions have fallen to US$35,000 per day, from US$50,000 per day at the start of the year, a London-based broker said.
“The spot market is exceedingly quiet and owners...
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