LNG Freight Gains in Atlantic as LPG Rates Soften on Weak Demand

Capt. John
  • LNG market firmed this week, led by sharp gains in the Atlantic basin, with 174k cbm rates on the Sabine–Tokyo route jumping $5,200 to $47,000/day.
  • Pacific LNG rates remained stable, signaling a balanced market as May positions are covered.
  • LPG market softened slightly across all major routes due to weak trading activity and lackluster arbitrage.
  • Houston–Flushing LPG route dipped $0.75 to $53.00, though TCE held flat near $53,000/day.
  • Outlook remains cautious for both sectors heading into May,...

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