LNG Shipping Rates Hit All-Time High Ahead of Winter Traffic

LONDON, Nov 6 (Reuters) - The cost of shipping liquefied natural gas (LNG) has hit $200,000 a day, exceeding a 2012 peak of $180,000 a day The headline average is $170,000 for Asia Pacific, according to analysts at Jefferies, up around 20 percent from two weeks ago. The headline average for the Atlantic Basin remains around $140,000 a day. This compares to an average … [Read more...]