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Drewry: Good but not that good for LNG ships

Carriers which have put their money in transportation of LNG have been doing well in 2011 and 2012 as a result of an increase in demand and a fleet of a relatively stable size. However, the situation is about to change which will put LNG rates under pressure, Drewry assesses.

Photo: Helge Hansen/Statoil

“Is the LNG honeymoon over?” Drewry asks in its latest analysis of the LNG market.

The question is based on the fact that while the LNG market has been doing very well in recent years with a relatively small fleet to do a relatively high number of jobs, a lot of new ships is entering the market, which may change the situation of the market.

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