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LNG tariffs-II: Supply gap may emerge
Nov 24: The point to note is that this is also perhaps a good time to order new vessels
8New build costs are at the lowest levels in eight years
8But deliveries usually take around 26 months and even if the anticipated tightening of day rates bring about a rush of orders, they are unlikely to impact rates until Q4, 2019.
8Till then prices are likely to stay high.
8An overview of LNG vessel demand and supply is carried here in terms of order book, yard capacity and committed vessels.
Click on our Prices button for daily LNG carrier rates as well as on Reports for more


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