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LNG shipping: Tightening up
Jan 23: The LNG shipping market is likely to show signs of tightening up soon in the face of rising supplies.
8The expectation is that the tightening will happen from the current quarter and the trend will continue right up to 2020
8There is a big net decrease in available tonnage
8Then again, the number of uncommitted newbuilds has come down
8New-tech LNG vessels are enjoying a significant premium over their conventional counterparts
8In fact, a three-tier LNG market has evolved as of now
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