LNG

The Panama Canal Authority said that the queue of vessels waiting to transit has dropped by 20 percent to 108 in the first week of September at both entrances to the waterway compared with 135 ships waiting in line last week.

Sept 23 (LNJ) - Shipping spot charter rates for LNG carriers are little changed since last week. Spot charter rates are still between $63,500 per day and $59,500 per day in the West of Suez market for vessels of 155,000-165,000 cubic metres capacity.

   East of Suez spot charter rates are again quoted by shipbrokers at between $60,500 per day and $56,500 per day. One-year charter rates for the most modern vessels were unchanged at about $93,000 per day.