12
Jan

LNG shipping capacity to decline by 2027, pushing up freight rates

The liquefied natural gas (LNG) shipping market is set to tighten capacity by the end of 2027, as ageing vessels are retired and fuel supplies grow, which in turn could push up freight rates, a senior executive from Adnoc Logistics and Services (L&S) has said. The current weak freight rates in the LNG shipping market …