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LNG: Low LNG Freight Rates Look Set to Continue into 2025

LNG

Winter 2024 LNG Freight rates have been uncharacteristically low and 2025 global LNG Freight rates are currently set to be the lowest in 6 years, Spark Commodites said.

  • Q4 2024 is pricing in 83% lower than Q4 2023 at $28.5k and 87% lower than the average of Q4 prices in the last 5 years.
  • The latest Atlantic Forward curve assessment for Cal25 at $32k is the lowest priced Cal assessment on record and suggests record lows are set to continue into 2025.

 

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Winter 2024 LNG Freight rates have been uncharacteristically low and 2025 global LNG Freight rates are currently set to be the lowest in 6 years, Spark Commodites said.

  • Q4 2024 is pricing in 83% lower than Q4 2023 at $28.5k and 87% lower than the average of Q4 prices in the last 5 years.
  • The latest Atlantic Forward curve assessment for Cal25 at $32k is the lowest priced Cal assessment on record and suggests record lows are set to continue into 2025.

 

Keep reading...Show less