New world record set for shipping rates: $350,000 per day

LNG shipping rate ship

It has never been more expensive to get a container of goods across the ocean. But it’s not just containers. Liquified natural gas (LNG) shipping is also rewriting the record books.

Argus reported that BP has just employed the ship LNG Abalamabie for $350,000 per day. That makes it the most expensive vessel charter in maritime history, surpassing the $300,000-per-day peak previously recorded in the very large crude carrier (VLCC) segment.

What’s different about the LNG record — compared to...

https://www.freightwaves.com/news/new-world-record-set-for-shipping-rates-350000-per-day

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