- Two new additions to the global LNGC fleet (+ 326,200m3), 365 vessels in total
- Tight shipyard capacity, order book static at 104 vessels, newbuild delivery times up by c. 6.5% (3 months) y-o-y
- Average build cost for mid-sized LNGC broadly flat y-o-y (c. US$208 million in 2013 vs c. US$203 million in 2012)
- Tight cargo availability contributed to static spot charter market, reported rates highest in Atlantic Basin (US$99,000/d)
- Very tight global LNG market, price expectations hitting US$19/mmBtu for Asian deliveries in January 2014
by Alexander Wilk // 20 December, 2013
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