# LNG Charter Rates Rising to $200,000 a Day Ahead of Winter - Bloomberg

> LNG charter rates surged, with November vessels fixed at $284,750 per day and later contracts above $206,750. Tankers are becoming scarce ahead of winter peak demand.

- Date: 2023-07-31 · published 2023-07-31T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/35226-lng-charter-rates-rising-to-200-000-a-day-ahead-of-winter-bloomberg
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Tight shipping for LNG signals firm global gas demand into winter, supporting energy prices that feed through to fertilizer and processing costs.

## Read by commodity

- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-07-21 | [Rising demand and lower water levels drive up barge charter rates - The Loadstar](https://feedsoft.ai/events/40675-rising-demand-and-lower-water-levels-drive-up-barge-charter-rates-the-loadstar.md) | +11.3% | +20.4% |
| NATGAS | 2022-11-15 | [Europe Natural Gas Prices Jump as Major US LNG Plant Set to Stay Offline - Bloomberg](https://feedsoft.ai/events/38856-europe-natural-gas-prices-jump-as-major-us-lng-plant-set-to-stay-offline.md) | +6.8% | +16.1% |
| NATGAS | 2023-06-16 | [Europe’s Fragile Gas Market Shows Risk of Crisis Redux - Bloomberg](https://feedsoft.ai/events/35687-europe-s-fragile-gas-market-shows-risk-of-crisis-redux-bloomberg.md) | +4.7% | +5.8% |
| NATGAS | 2020-12-11 | [Algeria’s LNG Supply Disruptions Add to Global Market Tightness - Bloomberg](https://feedsoft.ai/events/49818-algeria-s-lng-supply-disruptions-add-to-global-market-tightness-bloomberg.md) | +6.7% | +9.1% |
| NATGAS | 2021-01-12 | [LNG Shipping Rates from U.S. Surge Record on Asia Buying Boom](https://feedsoft.ai/events/49024-lng-shipping-rates-from-u-s-surge-record-on-asia-buying-boom.md) | -4.8% | +12.9% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2023-07-31/traders-pay-200-000-a-day-to-ship-gas-as-tankers-become-scarce

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.