Demand for LNG floating storage is expected to increase into the winter period but LNG charter rates will remain weak due to a well-supplied shipping market, according to Poten & Partners.
In its “Winter is coming” webinar, Poten’s manager for short-term forecasting Kristen Holmquist, showed the commercial team’s latest forecast of time charter equivalent rates for 160,000-cbm tri-fuel diesel-electric vessels as falling well below the $60,000 per day mark for fourth quarter when demand is usually at its highest.
