l pany .(CLCO) - 2023 Q3 - Earnings Call Presentation

…if below those reached at the height of the Ukraine conflict's impact on LNG markets 0 50,000 100,000 150,000 200,000 250,000 300,000 350,000 400,000 450,000 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Max. TFDE Spot Rate Min. TFDE Spot Rate 250,000 Source: Company, external data from Clarksons Research New supply targeting the East requires more vessels – especially if Panama limits persist 6 • Tailwinds from logistical bottlenecks such as the Panama Canal Steam Turbine exits expected to help balance ...