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Pacific LNG shipping rates drop below $20,000 per day, European prices up

By LNG Prime Staff
Pacific LNG shipping rates drop below $20,000 per day, European prices up
For illustration only (Image: TMS Cardiff Gas)

Pacific LNG freight rates dropped below $20,000 per day this week, while European prices rose compared to the week before. “Spark30S Atlantic freight rates dropped for a second consecutive week, falling by $4,000 to $20,000 per day – the largest week-on-week drop since November 2024,” Qasim Afghan, Spark’s commercial analyst, told LNG Prime on Friday. Similarly,…

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