LNG carrier newbuilding orders proved the one bright spot for shipyards in October as most other sectors saw the brakes applied to contracting activity, according to a top broker.
Shipowners registered orders for 14 LNG carriers last month, five more than the total seen in September, according to Affinity (Shipping).
"Ordering activity of LNG carriers continued a pace as the market's growth spurred LNG investments," the shipbroker said in its monthly orderbook report.