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

A general view of the 25 de Abril Bridge 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	#12087774
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 25 de abril bridge February 23 2025 LNG cargo shipping sector freight rates decline oversupply vessels global shipping market Luis Boza NurPhoto Getty Images maritime industry transportation logistics energy sector natural gas trade infrastructure engineering bridge architecture Atlantic Ocean shipping routes maritime economy international trade port city economic impact supply chain maritime transport nautical engineering vessel management.

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