Demand for LNG shipping has turned a corner in 2017. New LNG supply and increased Atlantic to Pacific basin long haul flows have created more employment for ships. After five years of low or falling vessel demand growth 2017 should see a double digit percentage increase in demand. Unfortunately for ship owners but not ship charterers the supply of LNG ships is keeping pace as ships ordered in the 2011 to 2015 ordering boom are delivered to the fleet. Successful renegotiation of delivery dates for some of the ships ordered during the boom has reduced the amount of new capacity delivered to the fleet this year and last which has helped tighten the market in late 2017. However these ships will eventually be delivered and will mean that LNG ship supply will outpace ship demand in 2018. Thereafter demand growth should be stronger than supply growth if owners remain restrained in ordering new ships.