February 26, 2024

AndronETalksNews

AndronETalksNews

LNG Tanker Bound For Asia Turns Around, Heads To Europe For Massive Arbitrage Opportunity

Zero Hedge

By Tyler Durden – December 28, 2021

Fuel-starved Europe is attracting liquefied natural gas (LNG) tankers from around the world. We reported Monday that a flotilla of US LNG is headed to the continent. There are reports that tankers in the Pacific are turning around and ditching Chinese markets for Europe. 

Bloomberg reports LNG tanker Hellas Diana (IMO: 9872987) left Corpus Christi, Texas, on Nov. 27 has since made a U-turn near Hawaii and is traveling back to the Panama Canal and is likely headed to Europe. 

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