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12.01.2018

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Artikel Nummer: 21578

Baltic Exchange gives LNG a place


go to site The Baltic Exchange has granted a forum to the alternative fuels sector. Following an approach by LNG shipbroking companies, the Baltic Exchange formed the Baltic LNG Panellists Group.

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The move comes as the Baltic Exchange looks to develop a new liquefied natural gas (LNG) index comprising several routes for the evolving LNG shipping market.

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Affinity, Braemar ACM, Clarksons and SSY are the LNG panellists group's first members. They are currently assessing a range of LNG routes before reporting moves to a trial phase, since trade patterns diversified after the construction of new import and export terminals, and the ongoing expansion of the LNG fleet.

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Moreover, the LNG shipping market is characterized by a rising spot market activity. (cd)

source url www.balticexchange.com

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