Global LNG shipping rates double since end-August, slow Asia deliveries

24 October 2016, News Wires — Headline rates for shipping liquified natural gas (LNG) in Pacific and Atlantic basins stand at around $140,000 to $150,000 a day for a 160,000 cubic metre LNG tri-fuel diesel electric (TFDE) vessel, brokers say. That is a 6-year high and compares to Atlantic basin rates of $75,000 at the end … More »