LNG and LPG Shipping Markets Slumped Last Week
LNG This week, the LNG market experienced a decline, with most routes seeing a drop in rates. On the BLNG1 Gladstone–Tokyo route, 174k cbm vessels gained $400, reaching $27,900 per day, while 160k cbm vessels declined by $600, settling at $17,800 per day. In the Atlantic, the BLNG2 Sabine–UK Continent route saw a $2,500 drop …