LNG Shipping Rates Soar 650% to $300,000 Per Day | OilPrice.com
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The Iran-related conflict and a halt in Qatari production have caused global LNG shipping rates to surge to $300,000 per day and spot LNG prices to double as traders navigate disruptions in the Middle East and a stalled Strait of Hormuz.
    • Nobilmantis@feddit.it
      11·
      4 hours ago

      It refers to how much the company owning the ship pockets for using the ship, per day. Wanna ship LNG from A to B (takes 7 days of sailing)? You pay that cost times 7.

      • tate@lemmy.sdf.org
        2·
        3 hours ago

        Wanna ship LNG from A to B

        How much LNG? 1 liter? 100 thousand tons?

        $ per day is not a shipping rate.