Thursday, 04 February 2021 06:36

Charter rates tumble

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Feb 4 (LNGJ) - Shipping charter rates for LNG carriers in the spot market have plunged for a third week by up to $24,500 dollars per day. Rates were quoted at an average of between $87,000 per day and $83,000 per day for vessels of between 155,000-165,000 cubic capacity in the West of Suez market. In the East of Suez charter market, rates were offered for ships at between $82,000 per day and $78,000 per day, according to various brokers. One-year time charters for the most modern vessels were available for around $49,000 per day.

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