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LNG Market Snapshot — December 2014

  • 9 new addition to the global LNGC fleet, now 384 vessels in total
  • Order book expanded to 124 vessels
  • Spot charter rates have not cracked the $75,000/day in almost a year amid a general vessel oversupply - vessel efficiency is key
  • Atlantic Basin commands more of ship owners’ attention but the Pacific is likely to remain the main LNG theatre until 2020

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