Global LNG shipping – orders and deliveries

Spot/short-term charter rates for LNG vessels have reached six figures for the first time since December 2018, but remain short of the record high of US$200,000/day reached last November. Rates had fallen to a low of US$35,000/day in late March/early April with weak Asian demand but pushed past US$100,000/day in October as vessel availability diminished with an increasing number of ships being used as floating storage. Interest in new LNG ships, however, remains strong with 33 new large ships ordered so far this year. 37 new large LNG ships that have been added to the fleet so far this year. A further seven are scheduled for delivery before the end of the year. The accompanying Excel download to this reports lists all the new orders placed since 2016, together with all new ships delivered in 2018 and scheduled for delivery in 2019.