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World News@lemmy.mlEnglish · 6 days ago

LNG Shipping Rates Soar 650% to $300,000 Per Day

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LNG Shipping Rates Soar 650% to $300,000 Per Day

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World News@lemmy.mlEnglish · 6 days ago

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LNG Shipping Rates Soar 650% to $300,000 Per Day | OilPrice.com

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.

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tate@lemmy.sdf.org
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6 days ago
$ per day is not a shipping rate.
- MonkderVierte@lemmy.zip
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  4 days ago
  How much is that in solar panels?
  - (des)mosthenes@lemmy.world
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    4 days ago
    👆
  - poopkins@lemmy.world
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    4 days ago
    How much is that in steel, cement, glass, petrochemicals and fertilizers?
- iSeth@lemmy.ml
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  4 days ago
  
  174,000-m³ vessels

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