LNG freight rates for Atlantic Basin spot LNG cargoes slid to below $50,000 per day on Thursday, the lowest level in over seven months, as natural gas prices in Europe drop with peak winter demand behind us. The Spark30S Atlantic LNG freight rates, assessed by Spark Commodities, slid to below $50,000 per day today and were down by 65% year to date, according to Spark Commodities data quoted by Montel. LNG freight rates have been falling since January and are now at their lowest level for this year, Spark Commodities says. In…
