LNG

European and Asian liquefied natural gas prices dropped with the February 2024 Japan-Korea Marker for North Asian spot cargoes being the highest in the complex as vessel charter rates plunged in a week when oil also lost $10 a barrel and European Union natural gas storage was full and temperatures were mild for the time of year.

Simpson Spence Young (SSY), the London-based shipbroker, has announced the expansion of its partnerships base with six new additions including from LNG.