LNG carrier lay-ups seem inevitable as spot rates for modern tonnage ‘absolutely decimated’
Levels for two-stroke tonnage plummet into single figures on vessel oversupply and lack of cargoes
Levels for two-stroke tonnage plummet into single figures on vessel oversupply and lack of cargoes
A 29-year-old steam turbine vessel is heading for the breakers
Hyundai LNG Shipping sets tone with first LNG carrier scrap sale of 2025 Read More »
But sector currently seeing rise in vessels idling with increased lay-up, scrapping or repurposing expected
Long-term LNG rates holding up, indicating anticipated market tightening towards 2030 Read More »
Industry lobby group tags 2024 as growth year with bio-LNG increasing and e-LNG available from 2026
‘Do more research’, SEA-LNG chairman Peter Keller urges non-LNG fuelling converts Read More »
First export cargo from Greater Tortue Ahmeyim due this quarter
Golar FLNG unit takes on first feed gas from BP project Read More »