Record demand for liquefied natural- gas is causing the decade-long glut of vessels that carry the fuel to disappear, doubling freight rates and at least tripling profit for shipping lines Golar LNG Ltd. and Exmar NV.[Read More]
Source: Bloomberg
Feb 17, 2011
LNG-Tanker Rates Doubling as Ship Glut Erodes: Freight Markets
Record demand for liquefied natural- gas is causing the decade-long glut of vessels that carry the fuel to disappear, doubling freight rates and at least tripling profit for shipping lines Golar LNG Ltd. and Exmar NV.[Read More]
Source: Bloomberg
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