Stocklisted LNG shipowners have come clean that spot rates for LNG carriers are heading downwards — but they remain bullish about chartering opportunities from next year onwards.

The chief executives of both Teekay LNG Partners and Dynagas LNG Partners spoke of weakening LNG spot-market rates in their results briefings.

Teekay LNG chief executive Peter Evensen said LNG shipping spot rates are “currently on the decline due to a combination of limited cargo availability and fleet growth”.

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