Atlantic spot liquefied natural gas (LNG) freight rates rose this week, while European and Asian prices also increased compared to the previous week, reports LNG Prime.
Steam vessels “not making any money”Flex LNG’s CEO Øystein Kalleklev said during the company’s first-quarter conference call on Thursday that a “lot of ships” are scheduled for delivery in 2024 and 2025, while the new LNG volumes to the market are coming at the end of 2025 and into 2026 and onwards.
He said there are currently...
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