LMS_July 2015


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LNG Market Snapshot — July 2015

  • The global active LNGC fleet grew to 407 vessels, up by three m-o-m
  • 26 more vessels scheduled for delivery in 2015
  • General vessel oversupply maintains pressure on spot charter rates at a current floor rate of $23,000/day
  • The Middle East is emerging as a future growth centre for LNG trade
  • E3+3 (P5+1) agreement with Iran has implications beyond crude oil – Iran has the potential to turn into a major regional gas exporter
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