Talk has been rumbling around the market this week that the 127,180-cbm LNG Swift (built 1989) has been tied up at a price of between $20m and $21m.
Market chatter has named South Korean shipowner Sinokor as the likely buyer of the vessel. A deal is expected to be concluded on the ship in the next few days.
As LNG newbuilding action has slowed in the face of quiet market trading conditions and reassessments on new liquefaction projects in the face of the oil price falls, attention has turned to some of the older vessels in the world LNG fleet.
