The United States is reconsidering its decision to export liquefied natural gas (LNG) to non-free trade agreement (FTA) countries, causing uncertainty in the future of US LNG exports. The Biden administration has temporarily halted approval for new LNG projects, drawing support from environmentalists but raising concerns among LNG suppliers.
VLGC spot rates experienced unprecedented lows in early 2024 after reaching their peak in the preceding months. This was mainly driven by disruptions in the Panama Canal and escalating tensions in the Red Sea.
CPLP unveiled a deal worth $3.1 billion for 11 LNGCs, marking a significant switch towards LNG shipping from Container shipping. CPLP envisages becoming a new pure-play gas carrier company, under the name ‘Capital New Energy Carriers LP’.
A watchful eye on both the LPG and LNG shipping sectors
Our gases shipping practice is highly respected in the industry and is regularly followed and referenced in both industry and mainstream media. The team is responsible for maintaining extensive information resources and conducting weekly, monthly and annual analysis on the sector and assessing the impact of macroeconomic as well as regulatory and environmental change on the sector.
In addition to detailed market analysis and rigorous forecasting, we offer market leading analysis of both LPG and LNG shipping markets, covering all the principle vessel categories, as well as appraisals of shipping finances, including pricing, operating costs, vessel values and investment returns. We challenge conventional wisdom through our deep understanding of the trade dynamics driving demand for different vessel types in all corners of the world.
Our consultants typically provide commercial due diligence for investors and lenders and market entry strategies, including financial analysis, to shipowners and operators. Meanwhile, our team of financial research specialists provides actionable insight on the leading LPG and LNG shipowners.
An elite and diverse group of industry stakeholders from shipowners, to charterers, port authorities, investors and financial intermediaries rely on our range of weekly, monthly and annual market research, sector expertise and commercial experience to help inform decisions, reduce costs and drive performance improvement.