Global LNG Shipping Fleet
The global LNG shipping fleet consistedof 439 vessels as of January 2017, including conventional vessels and ships acting as FSRUs and floating storage units. In 2016, a total of 31 newbuilds (including two FSRUs) were delivered from shipyards, a 7% increase when compared to 2015. Relative to the previous year, this was a much more balanced addition relative to liquefaction capacity (which grew by 35 MTPA). Nevertheless, the accumulation of the tonnage buildout from the previous years is still being worked through, keeping short-term charter rates at historical lows. In 2016, two vessels were retired and sold for scrap.