Take Your Trading To The Next Level. Get Started Here!

Asia-Pacific freight premia for bigger LNG carriers spurt as storage demand jumps

September 17, 2022 Comments Off

Asia Pacific’s spot freight premium for LNG carriers with two stroke engines rose Sept. 16 to its highest level for the year as many ships have been taken for floating storage, shrinking supply ahead of winter buying, with charterers scrambling to cover their requirements, market participants said. “The premium that bigger-size ships command is on the rise because there is…