LNG charter rates usually align with the price of LNG, which has declined in the last few months, however recent charter rates have remained high (peaking at approximately US$195 000 per day last month).
The introduction of additional vessels is helping to ease this situation by lowering the rates to approximately US$160 000 per day at the end of November, and US$140 000 per day more recently. Nonetheless, rates remain higher than last year’s levels (between December and March) when they were mostly below US$100 000 per day.
