LNG

Feb 20 (LNGJ) - Shipping charter rates for LNG carriers in the spot market have declined yet again as abundant supply keeps the market flat. Rates were quoted at an average of between $44,000 per day to $39,000 per day West of Suez and $42,000 per day to $37,000 per day East of Suez for vessels of between 155,000-165,000 cubic metres capacity, according to various brokers. One-year time charters for vessels of between 155,000-160,000 cubic metres capacity were seen at around $67,000 per day.