Spot charter rates for LNG carriers are rising as the peak demand season takes hold in the sector, Fearnleys said.

Speaking at the Astrup Fearnley Shipping & Energy Conference this week Fearnleys LNG advisor Ina Bjorkum Arneson said: “Winter has started in LNG shipping and we are seeing tonnage kept within portfolio fleets.”

She said spot charter rates are starting to firm up going into the fourth quarter despite long ship availability lists for prompt tonnage.