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LNG special-V: LNG carrier rates may face some immediate headwinds
Feb 28: Headline rates increased from ~$30k in July 2017 to $80k in December 2017. The ballast bonus component improved from fuel only/partial hire to full Round-Trip economics.
8But a bump is coming up ahead
8Two large projects -- Cameron LNG and Freeport LNG  -- are experiencing delays and up to 28 vessels ordered for these projects might come to market ahead of their intended project.
8Charterers are adopting various strategies to address the anticipated idle time.
8Many of the Japanese-built vessels have agreed with the shipyards to delay delivery.
8Find out more on what is ahead.
8Also go to our pricing page to get daily charter hire rates for LNG vessels
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