- 2 new additions to the global LNGC fleet, now 399 vessels in total
- 34 more vessels scheduled for delivery in 2015
- General vessel oversupply maintains pressure spot charter rates ($32-44,000/day, drop by up to 30% m-o-m)
- Asian LNG spot market is sluggish – long-term, oil indexed prices could converge with spot prices
- LNGC market at risk of being structurally oversupplied if whole order book materialises
- LNGC spot charter market may be squeezed over the next 5 years if LNG export capacity shrinks further
by Alexander Wilk // 28 February, 2015
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