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Police, NCF team up to host musical showcase in Bridgetown

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Unprecedented times in the LNG trades

LNG shipping is seeing exceptional strength, already fueled by geo-political vagaries, and with the impact of winter weather patterns yet to be determined

What do crazy $500,000-per-day rates say about shipping demand? | Hellenic Shipping News Worldwide

What do crazy $500,000-per-day rates say about shipping demand? | Hellenic Shipping News Worldwide
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Increased U S LNG Exports to Asia Said Driving Up Spot Charter Rates

Increased U.S. LNG Exports to Asia Said Driving Up Spot Charter Rates Increased U.S. liquefied natural gas (LNG) exports to Asia this winter have driven LNG vessel spot charter rates to two-year highs of $130,000/day, according to an analyst at shipbroker Poten & Partners. “It is clear that the U.S. is the swing supplier for the LNG market,” said Poten’s Jefferson Clarke, head of LNG shipping analytics, during a recent webinar. U.S. exports to Asia are having an “outsized” impact on shipping rates because of the longer routes compared to other producing regions. Many domestic cargoes have recently been routed around South Africa’s Cape of Good Hope because of constraints at the Panama Canal, Clarke said.

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