Stronger than expected LNG import growth in NE Asia has provided a welcome boost for LNG shipping demand. But sadly for ship owners the increase in trade has not been reflected with a big increase in charter rates. Year on year LNG imports into China Japan South Korea and Taiwan increased a staggering 14.5 million tonnes in the first eight months of 2017 year on year. To put this huge increase into context the world s fourth largest LNG importer India imports were just 11.7 Mt over the same period. Key for LNG shipping demand long haul imports from the Atlantic Basin (including the US Gulf) into NE Asia almost doubled. However the delivery of new LNG ships has outpaced LNG shipping demand. This has kept a lid on spot/short term charter rates.