Flex LNG chief calls for immediate scrapping of steam turbine LNG carriers
- Slump in LNG markets make the 200 operational steam turbine ships unattractive
- Shipowners can realise $15m from sale of old LNG tanker to ship recyclers
- Scrapping will avoid lay up and reactivation costs
‘Steam-powered LNG carriers can survive in good markets but given the slump there should be a big upturn in scrapping,’ said Flex LNG chief executive Øystein Kalleklev