Stay updated with breaking news from Spark Commodities. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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