Damen reacts to growing LNG market with 500-7,500-cu-m liquefied gas carriers

The maritime LNG market has long been faced with the conundrum around the subject of supply and demand. Ship owners have been reluctant to make the switch to LNG because of the lack of bunkering infrastructure. At the same time, development of bunker infrastructure has been slow to get off the ground due to the low demand from the market. This has been described on numerous occasions as ‘the chicken and egg’ situation. More »