LNG Carrier Spot Charter Rate Shock Simulation Model
Maritime choke point disruptions force maritime traffic around the Cape of Good Hope. Running an lng carrier spot charter rate shock simulation model reveals how extended sailing voyages dramatically expand global ton-mile demand and inflate spot day rates.
When the Suez Canal or Strait of Hormuz experiences transit restrictions, liquefaction terminals face immediate maritime tonnage deficits.
Ton-Mile Elasticity & LNG Charter Economics
Diverting liquefied natural gas carriers adds 10 to 14 sailing days per voyage, removing effective shipping capacity from the market.
| Vessel Propulsion Class | Baseline Spot Rate ($/Day) | Choke Point Shock Spot Rate ($/Day) |
|---|---|---|
| Modern 2-Stroke (MEGI/X-DF) | $65,000 to $90,000/day | $225,000 to $350,000+/day |
| Tri-Fuel Diesel Electric (TFDE) | $45,000 to $70,000/day | $180,000 to $275,000/day |
| Steam Turbine (Legacy) | $25,000 to $40,000/day | $95,000 to $150,000/day |
Frequently Asked Questions
What is ton-mile demand in maritime shipping analysis?
Ton-mile demand represents the volume of cargo transported multiplied by the distance traveled; longer detours increase ton-miles even if cargo volume stays flat.