Flurry of new tonnage diverges LNG shipping rates from bullish cargo market

European LNG cargo prices are rising, contrasting sharply with falling shipping rates. This divergence is driven by strong demand signals and a tighter winter supply balance for LNG, while the shipping market is experiencing an influx of new vessels, coupled with weak demand and a bearish outlook. Platts, part of S&P Global Commodity Insights, assessed …

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