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  • By Steve Hemsley
  • In Blog
  • Posted 12/09/2017 10:07:00

LNG pricing suffered in 2015 due to a combination of factors: the sharp decline in the oil price, decelerating economic growth in Asia and increasing production capacity worldwide.

That last point means LNG buyers now have a range of options for supply, placing new and existing projects under pressure. To be successful in today’s environment, LNG shippers and producers need to stay cost-competitive and, more than ever, understand downstream market dynamics.

In this active, growing and interconnected value chain, logistics can have a significant impact on the bottom line. LNG fleet owners are now building ships that are not bound to fixed rates or schedules.

To read the rest of this article, visit LNG Shipping World here.

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