LNG and LPG Shipping Markets Under Pressure

LNG The LNG market came under more downward pressure, with rates trending lower across most routes. With global prices softening and the West-to-East arbitrage effectively closed, shipping rates have come under pressure. On the BLNG1 Australia–Japan route, rates eased by $5,200 week-on-week to settle at $75,000/day. The Pacific market saw a steady decline through the ...

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