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I find that story somewhat odd as once the ship leaves territorial waters it would become
part of the fungible global supply of LNG? If a cargo is destination limited wouldn't that
reduce the chance of it getting the best price?

Not really.
1. One intended destination, Japan, has really attractive rates and was a big factor in why
LNG supply became very tight in 2011 (post Fukushima)
2. There is some seasonality to LNG demand, but there isn't really much of an LNG spot market
currently (see #1).
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