Charter rates rise

Written by  John McKay
Thursday, 12 November 2020
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Nov 12 (LNGJ) - Shipping charter rates for LNG carriers in the spot market rose in the past week as the Northern Hemisphere winter market demand continued to be firm. Brokers said the rates increase by up to $9,500 per day.

   Rates were quoted at an average of between $109,000 per day and $115,000 per day West of Suez. The same levels of spot rates were also talked about for the East of Suez charter market for vessels of between 155,000-165,000 cubic metres capacity, according to various brokers.

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