Post by Howe Robinson Partners

The LNG market enters Q3 with a different set of fundamentals than those that prevailed through most of Q2. A resumption of attacks on Iran and other Gulf countries is likely to keep risk premiums elevated and could trigger intermittent disruptions, even if a prolonged supply interruption remains unlikely. The Howe Robinson Quarterly LNG Market Report concludes that Q3 freight is expected to be less volatile than the exceptional swings seen during Q2, with rates likely to remain below the spring peaks as vessel availability improves. However, geopolitical risk remains an important wildcard following renewed attacks on commercial shipping in the Middle East. While supply-demand fundamentals are once again shaping the underlying market, security developments could quickly influence sentiment, routing decisions and risk premiums. Howe Robinson publishes regular updates on LNG shipping markets. To learn more and discuss our services and publications, please contact Ritika Singh and James Huw Smith: [email protected].