Recent Trends in LNG Freight Rates and Market Dynamics

Capt. John

Rising Spot LNG Freight Rates

Spot liquefied natural gas (LNG) freight rates have seen a significant rise this week, while European prices have remained steady compared to the previous week. In the Atlantic, freight rates increased by $4,250 to $52,500 per day, and in the Pacific, rates rose by $750 to $45,250 per day, according to Qasim Afghan, Spark’s commercial analyst. This marks the largest week-on-week increase for the Spark30 Atlantic rate this year.

European LNG Prices Stability

In Europe,...

https://mfame.guru/recent-trends-in-lng-freight-rates-and-market-dynamics/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon