Atlantic LNG rates set a new record this week as markets experienced ‘seismic shocks’

Atlantic LNG shipping rates rose by $221,500 to $264,250 per day this week as the LNG and shipping markets are experiencing “seismic shocks” in the wake of military action across the Middle East, according to Spark Commodities and Fearnley LNG.

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