Charterers need a mix of LNG carrier types and sizes as they try to optimise their portfolios in an increasingly commoditised market, according to Tellurian Trading UK executive vice president Tarek Souki.

Speaking at Capital Link’s online New York Maritime Forum Thursday, Souki said the LNG shipping market is going to have to adapt to the shorter-term supply contracts of around six years which are making up at least two-thirds of the deals signed this year.