The LNG industry is set for a record-breaking year with 89 newbuild deliveries, a 48% increase from 2021, Splash reports, citing a Clarksons report. The increase — over double the 10-year average — will bring a capacity boost of 14.9 mn cubic meters. The upward trend is forecasted to continue through 2025 with 131 vessels already on order for 2026-2027. The container shipping industry is anticipating the delivery of 478 vessels with a total capacity of 3.1 mn TEUs in 2024, averaging to 1.3 new ships daily.

OTHER STORIES WORTH KNOWING THIS MORNING-

  • China‘s e-commerce logistics index reaches two-year peak: China’s e-commerce logistics index reached 125.3 points in January, a two-year high, reflecting a robust comeback in supply and demand, fueled by a growth in retail services and high demand for local specialty foods. (Wam)

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