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LNG shipping rates continue to decline, European prices rise

By LNG Prime Staff
LNG shipping rates continue to decline, European prices rise
Artic Princess at the Gate LNG terminal in Rotterdam (Image: Gate)

Atlantic and Pacific spot liquefied natural gas (LNG) freight rates continued to decrease this week, while European prices rose compared to the previous week. Last week, LNG shipping rates also declined. “Spark30S Atlantic rates dropped for a second consecutive week, reducing by $6,250 to $51,500 per day,” Qasim Afghan, Spark’s commercial analyst, told LNG Prime on…

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