LNG

摘要

December started with a very positive CWC Conference held in Rome, which was well attended by both charterers and shipowners. The discussions centred mainly around the short and mid term markets, which seem to be oversupplied on LNG in light of the fact that significant new production is coming from the USA over the next 12 months. Further, owners of existing Steam and TFDE tonnage are trying to gauge the impact that the large number of currently charter free newbuildings delivering in 2021 and 2022 will have if they are indeed delivered to the spot market. These vessels offer significant advantages to charterers and have been ordered at a newbuilding price which is more than $15-20M lower than TFDE vessels delivered in 2014-2016. However, owners remain hopeful that new projects and charterers expanding their portfolio and trading fleet will soak up this uncommitted tonnage and for the most part, balance the market.