The LNG orderbook has reached 100 vessels, following the order for two ships by a joint venture comprising a Japanese trading house and a Korean shipping company, that will be chartered by a European Oil Major for use on Australian and US export projects. Further orders for Nigeria LNG, Japanese utilities and for Chinese trade (at Chinese yards) are close to being confirmed and are likely to swell the orderbook further. Since short-term charter rates surpassed US$70,000/day in the wake of,
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Insight | Apr 2013
LNG vessel orderbook reaches 100 (not out)
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