LNG

Jan 28 (LNGJ) - Shipping charter rates for LNG carriers in the spot market have dropped for a second week by up to $30,000 dollars per day. Rates were quoted at an average of between $108,000 per day and $112,0000 per day for vessels of between 155,000-165,000 cubic metres capacity in both the West of Suez market and for East of Suez charters, according to various brokers. One-year time charters for the most modern vessels and ships were available for around $49,000 per day.

The London-based Baltic Exchange has added quarterly assessments (GOPEX) on the cost of operating liquefied natural gas carriers and and liquefied petroleum gas tankers to its growing suite of shipping investor tools.