Tankers Left Idle as Atlantic Ship Demand Struggles

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LNG,Tanker
Oleksandr Kalinichenko/Dreamstime

Limited demand for LNG tankers and resulting high vessel availability in the Atlantic Basin have led to a buildup of ships in ballast offshore Spain, with spot charter rates, in particular, struggling to pick up.

Topics:
LNG Demand, LNG Trade, LNG Supply, LNG Prices, LNG Spot Trade
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