Liquefied natural gas vessel owners are basking in an environment where spot rates are the highest in four years and environmental rules are only strengthening the positive outlook. With more projects coming onstream over the next few years, creating transport needs, companies are very bullish on the sector.
Appetite for large tankers remains firm as shipyards pull in order for trio during August.
The New York-listed company signs agreement for purchase of up to 37 scrubbers to be retrofitted while the ships are at sea to reduce off-hire time as compared with a typical shipyard installation. Around 19 vessels will be installed with scrubbers before the IMO deadline.