Cyclone, not COVID19, causes floating status for WA LNG tankers

IN what could be seen as a small relief for Oz LNG markets this week, two tankers listed as ‘floating’ offshore Western Australia, were tagged as such because of the Tropical Cyclone Damien rather than being stranded as a result of COVID19.

Cyclone, not COVID19, causes floating status for WA LNG tankers Cyclone, not COVID19, causes floating status for WA LNG tankers Cyclone, not COVID19, causes floating status for WA LNG tankers Cyclone, not COVID19, causes floating status for WA LNG tankers Cyclone, not COVID19, causes floating status for WA LNG tankers

Australia rides out the bad economic weather for now

 
Reuters reported yesterday, citing Kpler shipping data, that 15 LNG tankers were listed as "floating" across the world, due to lack of demand from China, and bunkers in Europe filled to the