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Europe's LNG demand, growing fleet size to pressure shipping rates in winter

Source: reuters.com

Energy Markets & PricesTransportation & LogisticsCommodities & Raw Materials
Europe's LNG demand, growing fleet size to pressure shipping rates in winter

Strong European demand for LNG is expected to keep more cargoes in the Atlantic basin and cap shipping costs this winter. A resurgence in Asian buying could reduce vessel availability and push freight costs higher.

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