Old LNG carriers keep changing hands

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Old LNG carriers keep changing hands

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Secondhand sales of older LNG carriers remain active, keeping ageing vessels in service amid uncertainty over global gas supply. The article links the market trend to escalated Strait of Hormuz conflict and disruptions to regional LNG exports, and reports that South Korean shipowner Kmarin Group has sold an 18-year-old vessel.

Sales of vintage large LNG carriers remain brisk as the secondhand market keeps ageing LNG tonnage afloat after the Strait of Hormuz conflict escalated in late February, with disruptions to regional LNG exports adding uncertainty to global supply.  The latest sale has been completed by South Korean shipowner and manager Kmarin Group, selling the 18-year-old, …

World Conflict Markets Deals Commodities Energy Shipping LNG carriers secondhand vessel sales Strait of Hormuz LNG exports Kmarin Group gas supply

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