Charter rates for LNG carriers trading on the spot market or seeking period cover sank to new lows this week as the market came under renewed pressure.
Daily spot rates for tri-fuel diesel-electric (TFDE) LNG carriers dived under the $40,000 mark to levels in the high $30,000s, brokers said, down more than 10% on last week.
Two-stroke gas-injection vessels fared slightly better, with rates in the high $40,000s per day.