- The global active LNGC fleet grew to 404 vessels, up by two m-o-m
- 29 more vessels scheduled for delivery in 2015
- General vessel oversupply maintains pressure on spot charter rates ($23-32,000/day, down by up to 8% m-o-m)
- Revenue per vessel continued to decline and rates remain converged in their respective basins
- A floor rate appears to have been established at US$ 23,000/day
- LNG demand remains behind available supply as oil struggles to lift itself above the US$65/bbl mark
- Potential US-Europe LNG arbitrage could boost emerging small-scale LNG trade and bunkering in Europe
by Alexander Wilk // 31 May, 2015
← Back to Blog