LNG and energy market players at forefront of Sea Cargo Charter group to monitor own clean shipping
A group of the world’s largest energy and commodities companies, including major LNG cargo market participants Royal Dutch Shell and Total as well as the trading firms Gunvor and Trafigura have founded the Sea Cargo Charter to disclose the climate-change alignments of their own shipping activities.
LNG ship rates steady
March 12 (LNGJ) - Shipping charter rates for LNG carriers in the spot market have levelled off and are little changed from a week ago. Rates were again quoted at an average of between $39,000 per day and $34,000 per day West of Suez and $38,000 per day and $33,000 per day East of Suez for vessels of between 155,000-165,000 cubic metres capacity, according to various brokers. One-year time charters have dropped for vessels of between 155,000-160,000 cubic metres capacity and are now seen at around $55,000 per day.
