Demand is robust for vessels to transport liquefied natural gas (LNG) to worldwide markets, but there is a risk that capacity may soon outstrip supply, according to a study by consulting firm Wood Mackenzie Ltd.
Buckland
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LNG Tanker Owners Launch Pooling Effort
A trio of liquefied natural gas (LNG) carrier owners has formed a pool through which their vessels operating in the spot market will be contracted for charters of up to 12 months. The idea is to lower costs and improve contracting efficiencies, a representative of one of the participating companies told NGI.
August 19, 2015