A near doubling of seaborne natural gas trade by the end of this decade is the kind of growth in business that shipowners have been wanting for years, even as excess tonnage continues to pile up and weigh on freight rates in the current market.
But there is considerable uncertainty around how this growing liquefied natural gas trade will shape up, not least because of the crash in Asian LNG prices and softening demand.
As buyers and sellers negotiate the contours of an expanded LNG marketplace, it is the shipping industry that will be caught up in the balancing, or rebalancing, act. Read on
Source: http://www.lloydslist.com/ll/news/analysis/article472884.ece