MARKETS

LNG tankers idle off Europe waiting for winter price hikes

Thirty tankers holding US$2B of LNG stuck at sea as traders hold out

Tim Daiss

LNG tankers idle off Europe waiting for winter price hikes

The ships, which are carrying some US$2 billion combined worth of LNG, are idling or sailing slowly around northwest Europe and the Iberian peninsula, according to shipping analytics company Vortexa. The...

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