Exmar said this week that LNG was “clearly the best performing of all shipping markets in 2011”. The Belgian shipowner recorded pre-tax earnings of $31 million for the sector last year.
That was down 67% on 2010 levels but the earlier period included a $47 million gain on the sale of vessel interests.
“(The) LNG spot market is enjoying record levels on the back of strong growth in LNG production in the (Persian) Gulf and increased demand from Asia.”
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