Drewry: more than half of steam LNG carriers to be scrapped by 2030

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.

Join Now

Already a member? Log in here

Most Popular

Brunei LNG seals long-term SPA with Japan’s Japex

LNG producer Brunei LNG has signed a long-term LNG sales and purchase agreement with Japan Petroleum Exploration Co (Japex).

Top 5 news of the week August 24-30

LNG Prime brings you the five most popular news stories on our platform during the week of August 24-30, 2026.

Japan’s MOL merges six ship management companies into one entity

Japanese shipping giant MOL, owner of a large LNG carrier fleet, has merged six of its ship management companies...

More News Like This

Drewry expects LNG vessel orders to rebound in 2026

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.

Spot LNG rates remain weak

Atlantic and Pacific spot liquefied natural gas (LNG) freight rates remain weak, with no signs of improvement in the...

Atlantic LNG shipping rates dip to $26,750 per day

Atlantic (LNG) freight rates continued to decrease this week, dropping to just $26,750 per day, while European prices also...

LNG charter rates remain low after January surge

Spot charter rates for the global LNG carrier fleet are still low following an unbelievable rise in January when...