TOPIC: Globalisation » Economy » Energy » Distribution » Tankers
Category
articles
Date
2011-02-16
Actor
Zhou, Moming, and Al...
Source
Bloomberg
Uploaded date
2011-10-19
Uploaded by

LNG-Tanker Rates Doubling as Ship Glut Erodes: Freight Markets

"Record demand for liquefied natural- gas is causing the decade-long glut of vessels that carry the fuel to disappear, doubling freight rates and at least tripling profit for shipping lines Golar LNG Ltd. and Exmar NV." (Quoted from article)

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