Nearly 60 LNG carriers stand idle

The depressed liquefied natural gas (LNG) carrier sector sees nearly 60 vessels, according to data from Clarksons Research. In a striking sign of shifting market fundamentals, shipowners—particularly in South Korea—have begun sending older, less efficient LNG carriers to the scrapyards in increasing numbers. According to leading shipbroker Clarksons, four LNG steam turbine ships were sold …

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