Energy consultancy firm Wood Mackenzie warns of vessel oversupply in the liquefied natural gas (LNG) market.
Further, 37 vessels scheduled for delivery in 2019 will grow the LNG fleet another 7.6% as owners see higher rates, low newbuild prices and a rapidly growing LNG trade.
"Owners need to be careful they don’t over-order," Wood Mackenzie analyst Andrew Buckland said.
"If ordering activity continues at recent levels there is a high danger that it will be too much too soon."
