Golar LNG is expecting a slump in both time-charter equivalent rates and utilisation for its ships in the second quarter.
The Tor Olav Troim-led shipowner said its LNG carriers should reel in TCE rates of around $40,000 per day, with utilisation of at least 80% of its fleet, based on fixtures to date and the prevailing spot market.
This compares with first-quarter TCE earnings of $62,000 per day on 94% fleet utilisation.
