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Evening Standard
Evening Standard
Business
Michael Hunter

Ship broker Braemar says LNG boom means tanker tonnage is all booked up

Demand for tankers carrying liquified natural gas has soared since Russia’s invasion of Ukraine

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London shipping broker Braemar has reported “huge interest” in long-term charters of tankers for liquified natural gas as demand for the commodity “soaked up all available tonnage” with energy markets in flux after Vladimir Putin’s invasion of Ukraine.

The company, headquartered on the Strand,  acts as an intermediary between ship owners and cargo line operators as well as oil majors seeking clarity on transport costs.

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