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Strait of Hormuz crisis Shipbuilding Tankers and Gas

Speculative LNG carrier orders rise despite mounting Hormuz uncertainty

  • At least 17 speculative LNG carrier orders were placed in the first half of 2026, matching the combined total for 2024 and 2025
  • Owners are betting growth of LNG export projects and vessel retirements will tighten the market around 2029
  • Potential escalation of Middle East tensions could worsen tonnage oversupply and prolong pressure on freight rates

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A noticeable uptick in uncommitted LNG carrier orders reflects growing optimism among shipowners and investors about the long-term LNG freight market

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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