LNG Shipping Costs: A Roller Coaster in Early 2021

For most of 2020, the liquefied natural gas (LNG) shipping market was in a depressed state like many other segments of the global gas industry. LNG export cargoes fell by 0.2% y-o-y in 2020 to reach 5,682 shipments, driven by a slowdown in LNG demand amid the COVID-19 pandemic.

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