Prices for secondhand LNG carriers have been rising in a market in which newbuilding costs have soared and shipyard berths are heavily booked.

Howe Robinson Partners LNG broker Jordan Neil said it is predominantly the steam turbine ships that are coming to the market.

Neil said prices for LNG steam turbine vessels in the 138,000-cbm to 140,000-cbm range have nearly doubled in the past two years and with levels probably now at mid to high-$40m levels at present.