LNG Weekly Report - Week 43

Liquidity in the LNG market was notably thin this week, with limited spot fixtures and bearish sentiment observed amid tighter prompt listings. Several ships were taken out of the market through extensions, suggesting a cautiously firmer outlook despite the low base. Focus is shifting towards the winter demand period, with numerous inquiries for late November and early December requirements emerging, while forward fixing activity has increased, particularly for longer-term arrangements. In the East Suez region, prompt tonnage is tightening as Middle Eastern charterers ramp up transit volumes, although activity remains flat overall. A reported charter in the low 50s for an older-generation two-stroke vessel indicates a strengthening appetite on the period side, hinting that the market could be finding a floor as winter demand approaches.