As European gas prices continue to make headlines across the world, SSY LNG analyst Thanos Felios looks at what’s behind the rise of LNG prices and the impact this has on the LNG Shipping market. Supply from Russia With Europe relying on Russia for aro…
LNG supply and demand creates continued volatility Read More »
There have been some dramatic developments since the last edition of the Leading Maritime Cities of the World (LMC) report was published in 2019. For one, we have been living with the pandemic. Ships have been stuck in ports, seafarers have been maroon…
Leading Maritime Cities Playing A Key Role In The Green And Digital Shift Read More »
PwC Greece, for another consecutive year, shared insights with 150 shipping executives on emerging developments from an accounting reporting perspective but also on shipping market trends during the two-day virtual event “The Annual Finance Update for …
A surge in European LNG imports and feeble Asian LNG demand led to increased vessel supply in the West of Suez, curbing LNG shipping rates. In January 2021, vessel rates reached a high of $350,000pd along with the surge in LNG spot prices. However, LNG…
Gas starved Europe deflates LNG shipping rates Read More »
The world fleet of LNG carriers is expanding fast. A record 85 newbuilding contracts agreed at substantially higher prices in 2021 will boost today’s 610 deep sea trade LNG ships and we expect another year of record contracting in 2022. Ten more LNG ca…
LNG fleet seriously exposed to CII impact Read More »