The next two years are shaping up to be good ones for LNG carrier owners before newbuildings catch up with the market, Evercore's Jonathan Chappell said on a conference call Wednesday.
With more LNG projects coming on line in the next few years, spot rates for 2019 and 2020 will be between $85,000 per day and $90,000 per day, he predicted — rates "incredibly profitable for the shipowners."