𝗨𝗣𝗜 𝗰𝗹𝗼𝘀𝗲𝘀 𝗶𝗻 𝗼𝗻 𝟮𝟯𝟬 𝗽𝗼𝗶𝗻𝘁𝘀 — 𝗮 𝘃𝗼𝗹𝗮𝘁𝗶𝗹𝗲 𝘄𝗲𝗲𝗸 𝗼𝗳 𝗴𝗿𝗼𝘄𝘁𝗵 📈

The UP World LNG Shipping Index gained 16.49 points (7.77%) to 228.77 points. Iran's retaliatory attack on Qatar's Ras Laffan complex — damaging 17% of #LNG export capacity with a recovery horizon of up to five years — was the key catalyst.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗰𝗼𝗻𝘁𝗲𝘅𝘁
➡ Spot rates ~$180,000/day
➡ Longer distances driving demand for more tankers
➡ Fleet rejuvenation continues

Full report: https://lngshippingstocks.com/lng-shipping-stocks-a-volatile-week-of-growth