TradeWinds News: ‘Ghost’ LNG shipping capacity haunting charter market

April 29, 2020

Charter rates for LNG carriers are sinking despite an apparent low availability of vessels, Poten & Partners said.

Speaking in the latest of its weekly webinars, Poten’s global head of business intelligence Jason Feer described the freight market as “behaving strangely” as the limited number of LNG vessels currently available would normally signal rate rises.

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