Reports circulated that trader E.ON Global Commodities sold a cargo originally loaded on Cardiff’s 160,000-cbm newbuilding Kita LNG in August to PetroChina for a November delivery date.
Traders say around 10 cargoes remain in storage afloat but add that it is unclear how many of those have been sold. But they say that the prospect of additional vessels could redeliver into a market already awash with available tonnage is likely to put fresh downward pressure on spot charter rates.
“The
