LNG Cover


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LNG Market Snapshot — May 2014

  • 4 new addition to the global LNGC fleet, 368 vessels in total
  • Order book expanded by 3 vessels to 107 units
  • Bearish price sentiment during seasonal low demand reduced scope for inter-basin arbitrage – LNG prices oscillated between $13-15/mmBtu
  • Spot charter rates softer still m-o-m as limited spot cargo availability reduces activity, situation likely to endure in 2014

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