* The cost of shipping liquefied natural gas (LNG) has hit $200,000 a day, exceeding a 2012 peak of $180,000 a day...MORE
* The headline average is $170,000 for Asia Pacific, according to analysts at Jefferies, up around 20 percent from two weeks ago
* The headline average for the Atlantic Basin remains around $140,000 a day
* This compares to an average of around $80,000 to $85,000 a day in both basins at the end of last year, at the height of winter, according to the IGU...
Recently:
Nov. 8
Cheniere Energy Reports, Misses By a Penny, Stock Up 6% (LNG)
Nov. 6
Shipping: "Golar LNG’s earnings jump on improving market" (GLNG)
Nov. 1
Shipping LNG Seems Profitable, GasLog Reports, Stock Jumps 8% (GLOG)
Oct. 23
Shipping: LNG Freight Rates Have Doubled Since the End Of August
Oct. 11
Shipping: Norway's Flex LNG to Buy Five New LNG Tankers at $180 Million Per (FLNG:NO)
Oct. 10
Shipping/Natural Gas: "China Blinks First In LNG Face-Off With U.S."
We will be back with equities in a few hours but for now natural gas.
As we've mentioned over the past few months the LNG carriers are one of the few shipping lines that can get away with naming their own price. No idea how long it lasts, ships are under construction right now,* but for the moment they are making money,
Sept. 28
Shipping: Price To Ship LNG Spiked and Will Remain High Through 2019
