Drewry expects more than 50 percent of current steam liquefied natural gas (LNG) carriers to be demolished by the end of 2030, with some finding conversion opportunities.
LNG Prime Annual Subscription Membership Required
You must be a LNG Prime Annual Subscription member to access this content.
Maritime consultancy Drewry said it remains optimistic about new LNG vessel orders rebounding from 2026, but high deliveries, a weak charter market, high newbuild prices, and uncertainty over future demand in an increasingly regulated era will determine when these orders could materialize.