LNG shipping markets are likely to see increased activity and volatility as charterers take a more conservative approach to their shipping strategies to ensure they have cover for disruptive events, according to Poten & Partners.
Speaking in a Poten webinar, head of LNG shipping analytics Jefferson Clarke said the market is extremely active, particularly for spot and multi-month fixtures.
He said these are a combination of direct fixtures and relets, with sublets now accounting for 60% of the total in contrast to the more normal 50:50 split.
