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
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