LNG

May 27 (LNGJ) - Shipping charter rates for LNG carriers in the spot market declined in the past week by up to $6,000 per day in the West of Suez market to between $59,000 per day and $56,000 per day for vessels of 155,000-165,000 cubic metres capacity. For vessels East of Suez fixture levels were down by about $8,000 per day and were quoted at between $61,000 per day and $58,000 per day, according to London brokers. One-year charter rates for the most modern vessels were unchanged at around $77,000 per day.

May 20 (LNGJ) - Shipping charter rates for LNG carriers in the spot market declined in the past week by around $12,000 per day in both the West of Suez market and East of Suez. Fixtures in the Atlantic and Pacific basins were quoted at between $69,000 per day and $65,000 per day for vessels of 155,000-165,000 cubic metres capacity. One-year charter rates for the most modern vessels were unchanged at around $77,000 per day.

May 28 (LNGJ) - Shipping charter rates for LNG carriers in the spot market were steady. Rates were quoted at an average of between $33,000 per day and $30,000 per day West of Suez and at rates of between $32,000 per day and $29,000 per day East of Suez for vessels of between 155,000-165,000 cubic metres capacity, according to various brokers. One-year time charters were steady for the most modern vessels and were seen at rates of around $43,000 per day.

   Brokers said West of Suez activity included a handful of fixtures and free-on-board transactions. However, the market in the West and East remained on the long side with a combination of owner-controlled ships and trader relets available throughout June. “There is still a slightly bearish sentiment as a consequence,” said one broker report.