The Global Shipping Industry's Most Profitable Sector: LNG Shipping

Record demand for liquefied natural gas (LNG) has created a huge new global industry for the vessels that carry the fuel. And that has created huge profits for the biggest LNG ocean tankers. Their day rates have skyrocketed... as much 2 to 3 times greater today than they were just 1-2 years ago. In fact, LNG (which is now shipped around the globe) has suddenly become the most profitable sector in the global shipping industry. It marks a sweeping turnaround from the latter part of the last decade, when the industry practically bottomed out. At that…

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