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Tag: LNG

Jun 15
LNG tanker rental rates reach record levels Amidst the rising demand

Spot market prices for LNG tankers this week set annual records, with more long-term leases; This limited the supply of ships to the spot market. This was caused by increased demand for LNG and buyers’ shunning of Russian cargo and ships, following its invasion of Ukraine, according to Putin & Partners, a ship brokerage and […]

Apr 15
Japan expands LNG projects to ditch Russia’s imports

The Russian-Ukrainian war has exacerbated global fears of a crisis in the liquefied natural gas market, of which Moscow is one of the most important players. To overcome these concerns, Japan plans to boost its investments in LNG exploration projects, to stimulate development and boost fuel production in the country. Today, Friday, Japanese Industry Minister […]

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