Shipowner Sinokor Merchant Marine is pulling three steam turbine LNG carriers out of lay-up in a bid to catch the action in the current red-hot spot market.

Brokers reports show the 127,180-cbm Grace Energy (ex-LNG Swift, built 1989), 125,568-cbm Adriatic Energy and 125,556-cbm North Energy (both built 1983) are in the process of being reactivated.

LNG carrier rates head higher as charterers search for ships
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The vessels are being circulated for trading with the Grace Energy and Adriatic Energy potentially available this month.