LNG Cover

Add to Basket £59.99 inc VAT

LNG Market Snapshot — September 2015

  • The global active LNGC fleet grew to 410 vessels, 21 more vessels scheduled for delivery in 2015
  • General vessel oversupply maintains pressure on spot charter rates with a current floor rate of $23,000/day
  • Idle shipping capacity creates conditions for new LNGC ship owners to grow fleet capacity through cheap second-hand acquisitions
  • Golar LNG, Dynagas and Gaslog in new LNGC charter pool venture to simplify charter business
  • Slow LNG market toughens conditions of some traditional LNG importers, most notably Spain
  • However, there is an opportunity to improve Spanish gas market integration with the rest of Europe

Please purchase or subscribe to this report to continue reading or log in if you have already done so.

Not yet a subscriber?
Subscribe and Save 20%

If you are interested in a corporate subscription, please contact us at admin@petrologica.com or call us on +44(0)1206 823 295.