Shipbroker Fearnleys sees a relatively balanced market for LNG shipping for the next two years but is looking ahead to an improved charter rate picture in the fourth quarter.

Fearnresearch senior analyst Gonzalo De Arteaga told delegates to the 12th Annual Capital Link Shipping & Marine Service Forum that Fearnleys expects 2020 should bring some recovery in LNG trade distance as new liquefaction comes onstream, much of it in the US.