LONDON/SINGAPORE, Oct 23 (Reuters)–Headline prices for delivery liquified gas (LNG) in Pacific as well as Atlantic containers stand at around $140,000 to $150,000 a day for a 160,000 cubic metre LNG tri-fuel diesel electric (TFDE) vessel, brokers claim.

That is a 6-year high as well as contrasts to Atlantic container prices of $75,000 at the end of August as well as around $95,000 at the end of September.

Rates have actually leapt because of provide from brand-new plants, longer ranges took a trip as well as expectancy of greater costs motivating carriers to secure longer-duration agreements.

“Charterers continue to lock in multi-month contracts ahead of the winter and we continue to believe LNG shipping rates will remain strong due to very attractive supply/demand fundamentals in the coming quarters,” Jefferies stated today.

The high prices have actually decreased place LNG shipments in Asia, stated an Asia- based LNG investor, as delivery at such costs can make up over 10 percent of the rate of LNG itself.

Asian place LNG costs have actually succumbed to the 4th week running many thanks to fresh materials from Australia, reduced oil costs as well as the lack of Chinese customers.

Individual place bargains for delivery LNG have actually been listened to as high as $200,000 a day in Asia, one broker stated.

High delivery prices nevertheless have actually not hindered freights from Northwest Europe which is getting an uncommonly high degree of LNG also in the run-up to winter season.

European LNG materials have a tendency to find from Qatar, Africa as well as Russia, with much shorter ranges requiring to be delivered as well as at reduced LNG costs. (Reporting by Sabina Zawadzki in London as well as Jessica Jaganathan in Singapore; Editing by Jan Harvey)

( c) Copyright Thomson Reuters 2018.