LNG Weekly Report - Week 22

Amid fluctuations in the LNG markets, TTF decreased to the low USD 16s/MMBtu, while JKM remained stable around the USD mid-18s amid persistent supply concerns and Middle East instability. The Atlantic basin showed resilience, with rates sustaining around the low USD 100,000s due to limited vessel availability and robust demand, while at least six fixtures were noted for USG and WAF loadings on modern two-stroke tonnage. The eastern market saw a resurgence in steam turbine inquiries as two-stroke availability tightened, resulting in rising spot rates into the high USD 70,000s, highlighting a busy fixing environment despite global holidays.