- Oversupply and High Storage Levels Depress LNG Freight Rates.
- Atlantic and Pacific Basin Shipping Rates Hit Lowest Levels Since 2019.
- Market Participants Predict Prolonged Weakness in LNG Freight Rates.
LNG freight rates have slipped to multiyear lows in the week of October 18, drawing closer to the operational cost thresholds and further casting a grim outlook among market participants. Away from arbitrage opportunities and towards contango removed some of the key supports for rates, and...
https://mfame.guru/lng-freight-rates-fall-to-multiyear-lows-amid-weak-demand/