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Spot LNG rates remain weak

By LNG Prime Staff
Arctic Princess at the Gate LNG terminal in Rotterdam (Image: Gate)

Atlantic and Pacific spot liquefied natural gas (LNG) freight rates remain weak, with no signs of improvement in the near term due to a high number of newbuilds coming into the market. “Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial analyst, told LNG Prime…

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