Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.


Baltic Exchange to develop LNG shipping index

The Baltic Exchange has formed an LNG Panelists Group as it looks to develop an LNG shipping index.

Ship brokers Affinity, Braemar ACM, Clarksons and SSY are the initial members of the panel and will be assessing a range of LNG routes before moving to trial reporting.

The Baltic Exchange noted the increase global LNG production and imports into India, China, Pakistan and Egypt were changing the pattern of LNG trades. There were an increased number of smaller and shorter contracts with no fixed destination.

“The growth in LNG transported by sea has led to the formation of a spot market. However, any spot market needs to be underpinned by standard contractual terms - as already happens in the tanker and dry bulk freight markets,” said Mark Jackson, ceo of the Baltic Exchange.

“The Baltic Exchange is looking to support the LNG freight market as it matures and we hope to deliver greater transparency through an index.”

Following its take over by the Singapore, the Baltic Exchange has been seeking to expand its business.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.