TOKYO -- A supply glut of liquefied natural gas carriers combined with delayed LNG plant construction have dropped shipping rates for the fuel to all-time lows.
Delay in Texas terminal contributes to slack demand for shipments
A South Korean LNG tanker docks at a shipyard in Singapore. © Reuters
TOKYO -- A supply glut of liquefied natural gas carriers combined with delayed LNG plant construction have dropped shipping rates for the fuel to all-time lows.