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LNG shipping market: To tighten by end 2018
Apr 30:
The LNG shipping market is expected to tighten significantly from end 2018 as new LNG export projects from primarily US, Australia and Russia becomes operational
8Around 90% of the LNGC newbuildings on the orderbook are committed on long-term charters.
8The LNG shipping market has transitioned from traditional long-term chartering contracts to an increasingly liquid spot market led by portfolio trading and more destination flexibility in
LNG supply contracts
8The level of spot chartering in LNG topped 300 fixtures in 2017 (up from 230 in 2016), which corresponded to 25% of all LNG produced globally
8The LNG shipping market is expected to gradually tighten from the end of 2018
8By 2020, the market gets tighter still as additional LNG projects starts producing, triggering vessel demand against a thin orderbook.
Click on Reports for more
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8Around 90% of the LNGC newbuildings on the orderbook are committed on long-term charters.
8The LNG shipping market has transitioned from traditional long-term chartering contracts to an increasingly liquid spot market led by portfolio trading and more destination flexibility in
LNG supply contracts
8The level of spot chartering in LNG topped 300 fixtures in 2017 (up from 230 in 2016), which corresponded to 25% of all LNG produced globally
8The LNG shipping market is expected to gradually tighten from the end of 2018
8By 2020, the market gets tighter still as additional LNG projects starts producing, triggering vessel demand against a thin orderbook.
Click on Reports for more
