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LNG at Sea for at Least 20 days rises 8.8% on week

LNG

The total volume of LNG cargoes on the water for at least 20 days rose by 8.8% on the week, according to Bloomberg.

  • 2.67m mt of LNG was on vessels at sea for 20 days or more as of Aug. 27, compared to 2.46m mt the previous week.
  • LNG freight rates in the Pacific were unchanged during this period at $110k/d, according to Fearnley’s.

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