LNG shipowners could experience a softer short-term charter market in mid-2020 and are likely to see increasing volatility in rates as the industry adapts to an evolving market, according to Howe Robinson Partners senior broker Bruce Moore.
Moore said the market may see some softening over the next few years as ship numbers, some of them speculative, come onstream in advance of supply, particularly given decline production from some of the older gasfields supplying liquefaction projects.
