LNG and LPG Markets: Year-End Review Amid Festive Period

The LNG market faced a challenging year in 2024, marked by subdued activity and minimal rate changes during the festive season.
The BLNG1 174k CBM 2-Stroke index showed a slight increase, while TFDE indices saw marginal declines.
In the LPG market, the Ras Tanura–Chiba route recorded gains, but Houston–Chiba faced downward pressure despite ongoing activity.
Period charter rates for LNG declined across six-month, one-year, and three-year terms, reflecting a cautious market sentiment as the year...