LNG

The Baltic Exchange in London, one of UK’s oldest financial institutions and now part of the Singapore Exchange (SGX) group, has launched trials of its new liquefied natural gas freight index that will eventually comprise several routes for the evolving LNG shipping market.

The Baltic Exchange in London, one of UK’s oldest financial institutions and now part of the Singapore Exchange (SGX) group, has formed a panel to help develop a new liquefied natural gas index comprising several routes for the evolving LNG shipping market.

Shipping market fundamentals in the liquefied natural gas sector are improving with the increase in supplies from the US and Australia being matched by a seasonal surge in demand in Europe and Asia.