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Finance & Markets

LNG Shipping Market Posts Weekly Gains

LNG The LNG market strengthened this week, with relatively high fixing activity east of Suez helping to tighten vessel availability. The Atlantic also saw a gradual improvement in spot rates, although cargo demand remains relatively subdued and the tonnage list continues to limit further upside. On the BLNG1 Australia–Japan route, rates increased by $9,600 week-on-week ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

Read the original at hellenicshippingnews.com →

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Baltic routes, importer shifts and El Niño test grain markets

Black Sea flows remain minimal The Black Sea picture is stark. Vessels sit at anchor offshore, waiting to enter the Danube to load, and the backlog is large.

  • Russian wheat exports to Baltic ports approaching September records
  • Non-seaborne exports now handling 1 million tonnes/month
  • El Niño competition from Southern Hemisphere wheat supplies

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