Escalating trade tensions between China and the US have dampened the prospects of the next wave of American LNG projects, potentially affecting vessel demand sources and tonne miles for LNG shipping in the next decade.
With Beijing slapping a 10% tariff on imports of US LNG since 24 September, possibly rising to 25% next year if Washington ups the ante, companies interested in investing in gas carriers would need to pay heed to how the situation influences the future trading map.