Asia-Pacific LNG shipping rates have eased from record highs as Asian spot LNG demand has softened due to moderate weather, healthy inventories at North Asian terminals and high spot prices that are keeping most end-users on the sidelines. The S&P Global Platts LNG shipping rates fell to $285,000/day from a record high $320,000/day at end-November, …
The post LNG shipping rates ease but market vulnerable to Asian winter demand first appeared on Hellenic Shipping News Worldwide.