‘Uber strong’: Will LNG spot rates hit $500,000 a day or face a market correction?

Estimates for spot charter rates for LNG carriers have been rapidly closing in on the $500,000 per day mark amid an exceptionally tight market for tonnage and a bullish mood among those sitting on vessels.

But some players are indicating that the market could soon see the first signs of a correction in what is proving to be a record earnings season for LNG vessels.