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☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 3 days ago

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

oilprice.com

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

oilprice.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to World News@lemmy.mlEnglish · 3 days ago
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  • world@quokk.au
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  • worldnews@lemmygrad.ml
LNG Shipping Rates Soar 650% to $300,000 Per Day | OilPrice.com
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.
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  • tate
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    3 days ago

    $ per day is not a shipping rate.

    • MonkderVierte@lemmy.zip
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      1 day ago

      How much is that in solar panels?

      • (des)mosthenes@lemmy.world
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        23 hours ago

        👆

      • poopkins@lemmy.world
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        20 hours ago

        How much is that in steel, cement, glass, petrochemicals and fertilizers?

    • iSeth@lemmy.ml
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      1 day ago

      174,000-m³ vessels

    • Nobilmantis@feddit.it
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      2 days 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
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        2 days ago

        Wanna ship LNG from A to B

        How much LNG? 1 liter? 100 thousand tons?

        $ per day is not a shipping rate.

        • A🔻atar of 🔻engeance@lemmy.ml
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          1 day ago

          You should read the article, OilPrice is usually one of the more useful outlets on the internet.

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