15 June 2024
FEATURE: LNG shipping – market swings from feast to famine
Publication date: 17 July 2015
Gas Strategies Group
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EC4A 4AD
ISSN: 0964-8496
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With an increasing number of ships idle, short-term charter rates have fallen to only visual_editor0% of their level in mid-visual_editor01visual_editor. Ship-owners are now waiting for the expected surge in LNG production as new projects in Australia and the US are commissioned and are hoping it will lead to a recovery in charter rates. Will their expectations be met?