Platts increases standard ship size range for Asia-Pacific LNG cargo assessments
Platts, part of S&P Global Energy, has increased the standard vessel size range reflected in its daily Asia-Pacific LNG cargo price assessments, effective Oct. 16. The standard LNG vessel size range reflected in the JKM, WIM, SEAM, and MEM LNG cargo assessments has increased to 135,000-180,000 cubic meters, up from the previous 135,000-175,000 cubic meters. ...
Platts, a division of S&P Global Energy, has expanded the standard ship size range for its Asia-Pacific LNG cargo evaluations. This change comes into effect on October 16. The new standard range for LNG vessel size in the JKM, WIM, SEAM, and MEM assessments expands from 135,000-175,000 cubic meters to 135,000-180,000 cubic meters.
Platts anticipates market participants to acknowledge and accommodate vessels that fit within the standard size range, provided they are operationally suitable for the transactions reported in the Platts Market on Close assessment process. This adjustment is in line with current market norms, industry input, and the rising prevalence of larger LNG carriers in the global fleet.
Around two-thirds of offers submitted through Platts' Asia-Pacific Market on Close assessment process between January and June 2026 specified a ship size range of 135,000-180,000 cubic meters, according to Platts' data. Platts first announced this modification in a subscriber note on July 28, 2026, which can be accessed here. The company also disclosed its decision to alter the size range in a subscriber note on September 17, 2026, available here.
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