Rates estimates for LNG carriers seeking a one-year time charter have risen $5,000 in a week to hit $155,000 per day as charterers’ demand for the vessels reflects increasing LNG consumption in Europe and Asia.

    The new quote for one-year time charters by Oslo-based shipbroker Fearnleys is for LNG carriers that range in size between 138,000-145,000 cu m. It is more than double the lowest one-year time charter assessment this year of $69,500, Fearnleys’ figures show.

    LNG spot and short-term shipping charter rates hit six-figure sums during the northern hemisphere summer this year, with Japan needing extra cargoes to produce electricity. Other Asian countries such as China are taking more LNG as a cleaner alternative to coal. 
 

source:asiasis