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Shortage of ships could hit US gas export

The expected boom in US LNG exports could be hit by a shortage of ships in the coming years, warns the US Coast Guard according to Reuters.

Photo: Stena

The market for liquefied natural gas (LNG) transports is currently suffering from an overcapacity of ships. But this scenario could quickly change, warns the US Coast Guard according to Reuters.

The US projects a boom in LNG exports in the coming years, but a shortage of LNG ships could risk impacting the increased export, said Paul Zukunft, head of the US Coast Guard, at Nor-Shipping in Oslo on Tuesday:

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