28 April 2024
LNG shipping – still in the doldrums as hopes of a revival are pushed back
Publication date: 17 June 2016
Gas Strategies Group
10 Saint Bride Street
London UK
EC4A 4AD
ISSN: 0964-8496
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The first five months of 2016 have brought no relief for LNG ship-owners as new ships come into service adding to the surplus in shipping capacity that has kept spot and short term charter rates well below the levels needed to cover the fully built-up cost of a new ship. Gas Strategies reviews the current LNG shipping market and the prospects for the future.