Spot LNG shipping rates remain low, European prices up

Spark30S Atlantic freight rates were at $23,500 per day this week, and Q4 2024 continues to price in as the lowest quarter on record for a 174 2-stroke vessel in the Atlantic basin, Qasim Afghan, Spark’s commercial analyst, told LNG Prime on Friday. “Spark25S Pacific rates dropped by $500 to $21,500 per day, with December…

LNG Prime Annual Subscription Membership Required

You must be a LNG Prime Annual Subscription member to access this content.

Join Now

Already a member? Log in here

Most Popular

Atlantic LNG shipping rates decrease this week

Atlantic spot LNG shipping rates dropped this week, while Pacific rates were flat compared to the week before, according to Spark Commodities.

Stabilis secures new approval for Galveston LNG project

Houston-based small-scale LNG player Stabilis Solutions has received a letter of recommendation (LOR) from the US Coast Guard for its planned Galveston liquefaction facility.

Russian LNG production up 10.7 percent in January-June

Russian liquefied natural gas (LNG) production rose 10.7 percent in the first six months of this year, according to the Russian statistics agency Rosstat.
spot_img

More News Like This

Atlantic LNG shipping rates decrease this week

Atlantic spot LNG shipping rates dropped this week, while Pacific rates were flat compared to the week before, according to Spark Commodities.

GECF: LNG imports down in June

Global LNG imports declined by 2.9 percent year-on-year to 33.36 Mt in June, with the pace of contraction continuing to moderate compared with the previous two months, the Gas Exporting Countries Forum (GECF) said in its latest report.

Naturgy: EU should reconsider its plans to ban Russian LNG imports

Spanish utility Naturgy said that the European Union should reconsider its plans to fully ban Russian LNG imports from 2027 as Europe faces a potential gas supply shortage.

Atlantic LNG shipping rates down, Pacific rates climb

Atlantic spot LNG shipping rates dropped this week, while Pacific rates rose compared to the week before, according to Spark Commodities.