Lay-ups and scrapping mulled as LNG rates hit record lows

Spot rates for LNG carriers are now at all-time lows, although some analysts believe the shipping sector is close to bottoming out.  Citing an “overwhelming oversupply” of units competing for limited employment opportunities, Clarksons Research noted in its latest weekly report, published on Friday, that spot rates have fallen to new record lows. Unlike many …

splash247