LNG carriers are set to remain in short supply for the next two years and sky-high charter rates have still more headroom, according to one large independent shipowner.

Speaking at Capital Link’s Shipping & Marine Services Forum in London, Maran Gas Maritime commercial director Mark Terzopoulos said the current market is purely due to underinvestment in LNG shipping stretching back to 2017, and is not simply being driven by the energy situation resulting from the war in Ukraine.