# LNG Shipping Rates Hit All-Time High Ahead of Winter Traffic

> LNG shipping rates reached $200,000 per day, above the 2012 peak of $180,000 per day. The Asia Pacific average is $170,000 per day, up about 20% in two weeks, and the Atlantic Basin is around $140,000 per day.

- Date: 2018-11-06 · published 2018-11-06T12:00:00.000Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/6494-lng-shipping-rates-hit-all-time-high-ahead-of-winter-traffic
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Sharply higher LNG freight costs raise the delivered cost of LNG cargoes and can constrain flows into importing markets during winter demand.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2023-07-31 | [LNG Charter Rates Rising to $200,000 a Day Ahead of Winter - Bloomberg](https://feedsoft.ai/events/35226-lng-charter-rates-rising-to-200-000-a-day-ahead-of-winter-bloomberg.md) | -1.2% | -3.2% |
| 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% |
| NATGAS | 2020-10-20 | [JKM hits one-year high on LNG supply disruptions, winter buying](https://feedsoft.ai/events/7682-jkm-hits-one-year-high-on-lng-supply-disruptions-winter-buying.md) | +21.5% | +4.8% |
| NATGAS | 2024-10-28 | [Too Many Ships, Too Little Demand: LNG Freight Rates Plunge to Multi-Year Lows](https://feedsoft.ai/events/28058-too-many-ships-too-little-demand-lng-freight-rates-plunge-to-multi-year-lows.md) | -12.5% | +23.5% |
| NATGAS | 2020-11-03 | [LNG tankers without reservations seeing longer waiting times at Panama Canal -](https://feedsoft.ai/events/50040-lng-tankers-without-reservations-seeing-longer-waiting-times-at-panama-canal.md) | -12.5% | -8.0% |

## Sources

- gcaptain.com: https://gcaptain.com/lng-shipping-rates-hit-all-time-high-ahead-of-winter-traffic/

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