LNG Market Softens While LPG Freight Rates Climb

Capt. John
  • LNG rates in the Atlantic basin declined sharply, while the Pacific market remained more stable, with minor gains for larger vessels.

  • Pacific LNG spot rates on the Gladstone–Tokyo route showed slight improvement, suggesting a steady demand outlook in the region.

  • LNG period charter rates softened, indicating growing caution among long-term charterers amid uncertain market direction.

  • LPG freight rates rose across major routes, driven by sustained demand in both the Far East and Atlantic,...

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