July 15, 2014
Short-term and spot LNG charter rates fell gradually in 2013. There was a moderate fleet growth but no new cargo supply. However, around 30 vessels are scheduled to be delivered in 2014 and around 75 vessels between 2015 and the end of 2017. How will this influence the gas market? Watch Research Projects Manager, Nicholas Schneider, explain what has changed over the past year, the future LNG market outlook and what the implications are for Teekay in the short and long-term.