At today’s eye-wateringly high gas prices, using a modern two-stroke LNG carrier over a steam turbine vessel can add $30m to $40m to the value of a cargo, Capital Product Partners chief commercial officer Spyros Leoussis says.

The modern vessel is not just of a larger capacity; its lower cargo boil-off rate, ability to operate in dual-fuel mode and onboard reliquefaction allow the charterer to deliver more product to its customers, he explained.