Navigare will continue to invest in LNG vessels

Tonnage owner Navigare expects to invest in 2-4 large LNG ships but is currently waiting to see how coming months will develop. Celsius has also not lost faith in LNG despite Qatar's mega-order.

Photo: PR/Navigare Capital Partners

Navigare Capital Partners maintains its strategy to continue to focus on LNG vessels which are some of the most expensive vessels to build due to the complex technology aboard.

However, the goal and the belief in the gas market remains the same although the decision will likely be deferred slightly while the tonnage owner awaits how the coronavirus crisis develops, the company's CEO Henrik Ramskov tells ShippingWatch.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Extreme container rates can push shippers into bankruptcy

Extreme container freight rates might lead to a string of bankruptcies for companies without transport deals, says shipping analyst Lars Jensen in an analysis to Shippingwatch. Particularly smaller fashion brands are under pressure, according to trade organization.

Containers piling up at Port of Felixstowe

Efficiency is dropping at UK container port Felixstowe while containers are piling up, according to Vesselsvalue. Some carriers are now opting to divert their vessels away from the port.

Further reading

Related articles

Trial banner

Latest news

See all jobs