Rates for spot LNG carriers will remain under pressure for another year due to strong fleet growth, according to maritime research consultant Drewry.
In its quarterly LNG Forecaster report Drewry says the situation should start to ease from 2019 as ship deliveries slow against a backdrop of strong trade.
The consultant details that spot rates east of Suez for modern LNG vessels averaged $33,000 per day in the nine months to September, up 5% on the same period last year.
