Charterers who took LNG carriers on one-year deals this year could move to take up extension options in 2022 to cover their shipping risk, according to shipbroker Fearnley LNG.

Speaking in one of the company's LNG shipping updates, advisor for LNG shipping & renewable Ina Arneson said the division of broking giant Fearnleys expects to see a milder transition in demand for LNG shipping than is normally seen as the market moves into the fourth quarter.