Events drive up oil-tanker rates; LNG tankers move into new role

The growing spot and short-term market for LNG provides attractive employment opportunities for ships not committed to long-term project trades. These two vessels illustrate two technologies for conveying LNG: The 130,600-cu m Hanjin Pyong Taek (left) employs Gaz Transport membrane tanks; the 135,000-cu m Mubaraz employs Kvaernerr Moss spherical tanks.Click here to enlarge imageEvents of the past year have surprised oil tanker owners and charterers alike with higher-than-expected rates. Click here to enlarge imageAt the same time, a fundamental shift under way in the utilization of LNG shipping signals that those vessels are leaving their traditional role as an integral part of a proj...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected