LNG shipping market is bottoming out of lows at $40,000 a day ahead of Argentine tenders
Monday, 29 April 2019
The liquefied natural gas shipping sector expects a steady improvement after spot charter day rates dropped to a low of $40,000 per day in the first quarter after winter peaks of more than $180,000 per day as companies now focus on filling new US project shipment demands and forthcoming cargo tenders for Argentina in the Southern Hemisphere winter.
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