Spot rates for LNG carriers have sunk to below break-even levels as the flat trading conditions continue across all markets, but shipowners are optimistic on a turnaround in the second half.
Brokers say spot earnings remain “under pressure”, with good availability of tonnage across all trading basins.
They peg rates for the newer 174,000-cbm, gas-injection LNG carriers at daily levels in the high $50,000s.
