LNG Rates Fall in Pacific and Atlantic, LPG Market Struggles with Low Demand

Capt. John

The LNG market faces a slow period despite hopes for a winter boost, with Pacific and Atlantic rates continuing to fall. The LPG market also saw declining rates and minimal activity, with tonnage buildup affecting pricing. Long-term discussions for LNG remain active, but both markets experience sluggish conditions, reports Baltic Exchange.

LNG

As the weather in the UK moves decidedly into autumn and the winter is fast approaching, there had been hopes the LNG market would see the typical winter...

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