May. 24 at 2:08 PM
$VG My thoughts only but, I think this deal is to get the trapped fleet of boats out of the Persian Gulf. After doing some research, an LNG ship isn't like a Crude oil boat or merchant boat. They are giant bombs on water that are easily penetrable by drones and missiles.
The Status of the Trapped LNG FleetThe Core Number: Out of the global fleet, exactly 19 LNG supertankers have been tracked by MarineTraffic data as immobilized inside the Gulf.The Global Impact: According to shipbrokers cited by the Wall Street Journal, these 20 vessels represent nearly half of the entire world's LNG fleet currently available for open charter. Locking them down has caused global daily freight charter rates to skyrocket past
$200,000.The Human Cost: Across the wider stranded fleet (which includes over 400 oil and fuel tankers), roughly 20,000 civilian seafarers are trapped on board. International maritime bodies report that these crews are severely rationing food, fresh water, and fuel.
