LNG tankers become stranded assets as demand collapses, say environmental groups

Environmental groups raise alarm over the news that nearly 60 LNG Tankers are sitting idle amid collapsing demand and an overbuilt fleet. “Tankers bobbing around as though jettisoned by the LNG industry in want of better market economics is a perfect illustration of the future of LNG,” said Anna Barford, Oceans Campaigner with Stand.earth. “The …

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