The IMO’s carbon intensity regulations, specifically the carbon intensity indicator (CII) in place since 1 January, are likely to have a dramatic impact on LNG fleet supply which could lead to ‘stranded’ assets later this decade.
LNG shipping is booming and shipyard capacity is extremely tight, but as new tonnage hits the water mid-decade it could outstrip liquefaction capacity growth heading to a market slump warns Maritime Strategies International (MSI).
China Merchants Energy Shipping (CMES) is ordering two 175,000 cu m LNG carriers from Dalian Shipbuilding Industry (DSIC) at a total cost of $470m.
The latest Maritime in Minutes podcast episode featuring the growing dark fleet, the peak of the container market, shortage of seafarers and much more