Energy Crunch Cees LNG Carriers Head the Way of Capesizes

Further proof of how energy crunches drive freight rates is shown today in the suddenly booming LNG sector.

Splash has already highlighted how capes have traded higher in recent weeks in tandem with extreme demand and price hikes seen in the coal sector. The same is true for LNG, where major economies such as China, India and the UK are scrambling to fill holes in their national grids.

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