LNG shipping outlook bullish as oversupply risk drops

Higher prompt LNG shipping rates are breaking seasonal patterns, signalling a tighter market over the next year, say shipowners. The bullishness comes despite minimal new liquefaction in 2022 and the arrival of over 30 new modern vessels. Spot rates for TDFE/DFDE and MEGI/XDF (Two-Stroke) vessels have overtaken long term rates, which is an unusual pattern …

The post LNG shipping outlook bullish as oversupply risk drops first appeared on Hellenic Shipping News Worldwide.

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