Growing LNG Fleet Expected to Increase Spot Market Opportunities

A rapidly expanding and evolving LNG fleet should prompt an increase in LNG spot market transactions, according to Bob Salmon, the general manager for shipping at Shell Trading. Speaking at the 2006 API Tanker Conference in San Diego, Salmon said that new tankers with significantly expanded capacity,and the doubling of the existing fleet over the next ten years, “will help to improve spot liquidity.” Today’s has the story. [Subscription required]

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Growing LNG Fleet Expected to Increase Spot Market Opportunities

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