- No new additions to the global LNGC fleet, 365 vessels in total
- Order book expanded by 2 vessels to 106 units; 37% of which remain speculative
- Atlantic and Pacific LNG demand exceptionally high – resulting in LNG prices up to US$20/mmBtu
- LNG demand only partially matched by new supply in 2014
- Up to 18 newbuilds could enter spot charter market this year
- Spot charter rates softer m-o-m as limited spot cargo availability reduces activity, situation likely to endure in 2014
by Alexander Wilk // 30 January, 2014
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