LNG And LPG Markets Languish Amidst Summer Slump

Capt. John
  • Both the liquefied natural gas (LNG) and liquefied petroleum gas (LPG) markets experienced another week of subdued activity.
  • Limited charterer interest and vessel oversupply have contributed to the overall weakness.
  • While the LNG market saw some minor uptick in the Atlantic basin, it was insufficient to drive significant rate increases.
  • The LPG market, on the other hand, remained largely stagnant with minimal trading activity.

The LNG market experienced muted activity this week. While there...

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