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LNG Shipping Rates Hit Five-Year Lows As Oversupply Floods The Market

A container ship is seen near the coast in Lisbon, Portugal, on February 23, 2025. The LNG cargo shipping sector faces a decline in freight rates and an oversupply of vessels in the global shipping market. (Photo by Luis Boza/NurPhoto via Getty Images) (Photo by Luis Boza/NurPhoto)

Photo Details

Photo ID	#12087766
Date Taken	23 February 2025
Location	N/A
Photographer	Luis Boza/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2026 NurPhoto - Luis Boza/NurPhoto

Related Keywords

Portugal Capital Cargo ships LNG shipping rates Freight rate decline vessels Maritime industry downturn Global shipping oversupply Lisbon Portugal February 2025 container ship coast LNG cargo shipping sector decline freight rates oversupply vessels global shipping market maritime industry transport logistics trade energy natural gas shipping routes economic impact maritime economy shipping companies shipping industry port operations supply chain shipping lanes maritime transport global trade shipping fleet marine transportation shipping logistics shipping challenges.

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