Platts to increase standard ship size range for Asia-Pacific LNG cargo assessments
Platts, part of S&P Global Energy, will increase the standard vessel size range reflected in its daily Asia-Pacific LNG cargo price assessments, effective Oct. 16. From that date, the standard LNG vessel size range reflected in the JKM, WIM, SEAM, and MEM LNG cargo assessments will be increased to 135,000-180,000 cubic meters compared with the ...
Platts, a division of S&P Global Energy, has announced it will broaden the standard vessel size range used in its daily Asia-Pacific LNG cargo price assessments, starting October 16. The new range of 135,000-180,000 cubic meters will replace the current 135,000-175,000 cubic meters. Platts anticipates market participants will accommodate vessels that fit within this range if they are suitable for the trades reported in the Platts Market on Close assessment process.
This adjustment is a reflection of prevailing market trends, industry feedback, and the growing presence of larger LNG carriers in the global fleet. According to Platts' data, about two-thirds of the offers reported through the Platts Asia-Pacific Market on Close process between January and June 2026 specified a ship size range of 135,000-180,000 cubic meters.
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