LNG Shipping Rates Subdued Last Week

🌐 Hellenic Shipping News (Greece) —

AI Summary

LNG shipping rates remained subdued due to market participants focusing on Posidonia, with overall activity steady and values holding within narrow ranges. The Australia-Japan route saw a slight increase in rates, settling at $78,400/day.

LNG The LNG market saw a relatively subdued week overall due to market participants being in Posidonia. Activity appeared steady, with values largely holding within narrow ranges before softening slightly towards the end of the week. On BLNG1 Australia–Japan rates edged higher over the course of the week, gaining $600 to settle at $78,400/day. The ...

Markets Energy Shipping LNG shipping shipping rates Posidonia Australia-Japan route market activity

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