Bunker price volatility boosts freight rates for LNG-fueled dirty tankers

Bunker price volatility was the key driver behind higher LNG-fueled dirty tanker freight rates, compared with conventional tanker freight values, Aug. 31-Sept. 4, across benchmark routes. Platts Base Rates for LNG-fueled tankers reflect such freight costs in $/mt and provide a measure of how LNG bunker economics affect voyage costs relative to conventional tanker markets. ...

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