Marsoft has released its third-quarter 2022 reports analyzing two key shipping sectors.
LNG Market Insights:
The liquefied natural gas tanker market experienced rate improvements in recent months following a slower first half of 2022. The most significant development involved record-high ordering, with the orderbook now representing almost 50% of the fleet size. Despite strong LNG trade projections, substantial fleet expansion is anticipated to create headwinds for vessel utilization in coming quarters.
VLGC/LPG Market Insights:
Very large gas carrier rates have softened somewhat over the preceding six weeks but were projected to maintain relatively healthy levels. The reports suggest these markets remain stable despite market pressures.
The reports represent Marsoft's quarterly analysis of shipping market fundamentals, supply-demand dynamics, and rate forecasting for the LNG and LPG sectors during Q3 2022.
