ATLANTIC(SH:600558) 智通财经网·2025-11-24 09:28Core Insights - The spot rates for liquefied natural gas (LNG) carriers have surged significantly due to record LNG export volumes from North America, leading to tight market capacity [1][4] - The 30-day moving average of North American LNG exports reached a record high last week, increasing approximately 50% year-on-year [1] - The rise in shipping rates has reversed the previously low market conditions caused by an oversupply of vessels throughout most of the year [1] Group 1 - As of last Friday, daily charter rates for LNG vessels transporting from the U.S. to Europe increased by about 12% to $130,750, the highest since December 2023 [1] - On the previous Monday, the spot charter rate for LNG from the U.S. to Europe rose by 19% to $98,250 per day, marking the highest rate since January 2024 [1][4] - Since early October, the increase in North American project capacities has necessitated more vessels to transport LNG to clients, including those in Asia, resulting in a continued rebound in rates [4] Group 2 - There appears to be further upward potential for rates, as a vessel scheduled to depart in late December was chartered for over $150,000 per day [4] - The rapid increase in rates has led some LNG buyers to seek to delay loading in the Atlantic basin [4] - The daily charter rates for Pacific route LNG carriers have also reached a new high in over a year [4] Group 3 - The rise in freight costs may widen the price gap for natural gas between Europe and Asia, as shipping costs from the U.S. to the Pacific region are higher [4] - Analysts suggest that the current surge in freight rates may be nearing its peak, with limited room for further increases due to the upcoming delivery of a large number of new LNG carriers [4]