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Polar vortex drives gas and coal prices to new highs, freight rates leap

An extraordinarily cold winter across East Asia is sending prices for coal and LNG through the roof, and sparking sensational growth in freight rates for LNG carriers and capesizes as utilities scramble to keep their customers warm. The cold snap – widely tipped as being down to the polar vortex, a pattern of cyclone-like winds …

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An extraordinarily cold winter across East Asia is sending prices for coal and LNG through the roof, and sparking sensational growth in freight rates for LNG carriers and capesizes as utilities scramble to keep their customers warm. The cold snap – widely tipped as being down to the polar vortex, a pattern of cyclone-like winds …

[post_title] => Polar vortex drives gas and coal prices to new highs, freight rates leap [post_excerpt] => An extraordinarily cold winter across East Asia is sending prices for coal and LNG through the roof, and sparking sensational growth in freight rates for LNG carriers and capesizes as utilities scramble to keep their customers warm. The cold snap &#821... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => polar-vortex-drives-gas-and-coal-prices-to-new-highs-freight-rates-leap [to_ping] => [pinged] => [post_modified] => 2021-01-13 08:45:44 [post_modified_gmt] => 2021-01-13 08:45:44 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=134196 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )