Shipowners with modern LNG steam turbine vessels will continue to see demand for them in the market but the smaller and older vessels will need to be phased out, speakers on a shipping panel said Friday.

Speaking at dmg: events' World LNG & Gas Virtual Summit GasLog head of commercial Jasper Heikens said that while modern X-DF and ME-GI vessels are more fuel efficient there is “absolutely a place for steam ships in the LNG shipping market.”