Newbuilding orders for LNG bunker vessels (LNGBVs) have been stacking up in 2021, with a steady stream signed or promised.
TradeWinds has to date this year reported eight firm orders for vessels ranging from 5,000 cbm to 18,000 cbm and one tipped to be used for offshore bunkering of 30,000 cbm.
Brokers reported that the market is flooded with LNG supply tenders as shipowners have decided to take the LNG-fuelling ticket for their newbuilding moves to nail down bunkers.