LNG

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Atlantic LNG charter rates have fallen off a cliff recently, with 2-stroke rates assessed at $9,000 per day on 24th August, the lowest level seen since March, 2025.

The volatile LNG market’s outlook is being shaped by disruptions to Middle Eastern flows, an uncertain Qatari recovery, and Europe's historically low gas inventories.

The Strait of Hormuz could be closed for the rest of this year, which would result in the LNG market potentially looking interesting going forward, said Flex LNG’s CEO, Marius Foss at the company’s second quarter results presentation.

Oslo-based ALNG, formerly Awilco LNG, expects to complete its first trade under its new trading initiative by the end of this year.

French engineering group, GTT has received an order from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for the tank design of two new LNGCs, under construction for Tsakos Energy Navigation (TEN).

Europe will need to ramp up LNG imports substantially over the coming months to rebuild record-low gas storage levels ahead of winter.

Bangladesh’s government is struggling to secure LNG as none of the cargoes ordered through the direct procurement method (DPM) have arrived, it has been reported.

Major energy consumer, India has been paying some of the highest spot market LNG prices seen in years, as the Iran war continues to disrupt supplies.

Limited recycling supply could get a brief respite in the coming weeks from a reduced interest in older secondhand vessels and softer demand for steam turbine LNGCs, according to vessel cash buyer, Wirana Shipping.