Page 8 - Spark Commodities News Today

Spot charter rates for shipping US liquefied natural gas (LNG) to Europe have turned negative, indicating that there are now too many LNG vessels in the Atlantic region but fewer requirements LNG freight price assessor Spark Commodities in a tweet on Tuesday (Feb 8) said: “First-ever negative Spark spot #LNG #freight rate: -US$750/day (about RM3,139) ...

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Spark Commodities reported its first ever negative spot liquefied natural gas (LNG) freight rate on Tuesday as a glut of tankers in the Atlantic Basin

By Ann Koh (Bloomberg) — The cost to transport a shipment of U.S. liquefied natural gas to energy-starved Europe turned negative, a dramatic reversal that illustrates a growing glut of ships...

Spark Commodities reported its first ever negative spot liquefied natural gas (LNG) freight rate on Tuesday as a glut of tankers in the Atlantic Basin

The spot charter rates for shipping U.S. liquefied natural gas to Europe have just turned negative

Asian liquefied natural gas (LNG) prices rose this week, despite tepid Asian demand, tracking strong gains in Europe on the latter’s tightening gas market ahead of peak winter months amid supply concerns. The average LNG price for February delivery into Northeast Asia rose to $43.35 per metric million British thermal units (mmBtu), up $7.55, or ...

Global natural gas prices remained strong Tuesday as benchmarks in Europe and the United States bounced back amid a colder forecast and supply shortages

As the world braces for winter, many regions are buying up LNG inventory in preparation, sending tanker rates into the stratosphere

The natural gas and energy shortages sweeping across Europe, Asia and the United States have now affected the cost of shipping liquefied natural gas (LNG). One of the first disastrous changes to [...]