LNG carrier newbuilding demand is surging, with more than 50 vessels contracted since January and owners racing to secure the last remaining 2029 slots at South Korean shipyards. The boom is driven by expectations of LNG trade growth, new liquefaction capacity in the US and Qatar, and tight yard availability.
Industry sources report that LNG carrier ordering has accelerated sharply in 2026, with more than 50 ships contracted since January. Owners are now scrambling for the last available delivery slots at South Korean shipyards, where demand for technically advanced gas carriers remains particularly strong.
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