Both demand and supply of liquefied natural gas (LNG) are expected to grow in the foreseeable future as many emerging markets turn to cleaner-burning fuel in their energy mix and as new export projects—from the U.S. to Canada to Africa—are being planned and sanctioned to meet growing demand. As LNG demand and supply grow, so do LNG trade and demand for LNG carriers. Although the shipping market, including LNG shipping, is going through booms and busts, the LNG vessel market is set for a multi-year bull run that started late last year, ShipBrief analyst James Catlin wrote in Value Investor’s Edge. The LNG shipping market is set for a tight 2019 and an even tighter 2020 as the expected growth in fleet will not be enough to meet growing LNG trade demand, pointing to higher charter rates for LNG carrier owners and operators, Catlin argues. According to GIIGNL, the […]