Shipping rates steady

Written by  John McKay
Thursday, 07 May 2020
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May 7 (LNGJ) - Shipping charter rates for LNG carriers in the spot market were little changed over the past week. Rates were quoted at an average of between $37,000 per day and $33,000 per day West of Suez and at rates of between $34,000 per day and $30,000 per day East of Suez for vessels of between 155,000-165,000 cubic metres capacity, according to various brokers. One-year time charters were steady for the most modern vessels and were seen at rates of around $44,000 per day.

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