Analysis indicates that the volatility in bunker fuel prices directly led to elevated freight rates for LNG-powered dirty tankers when benchmarked against traditional tanker freight values.
This trend was observed across key trade routes between 31 August and 4 September.
Platts Base Rates, which quantify freight expenses in dollars per metric tonne for LNG-fuelled vessels, illustrate how the economic advantages or disadvantages of LNG as a marine fuel influence overall voyage costs relative to the conventional tanker sector, as reported by Hellenic Shipping News Worldwide.
