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Cavalier Shipping insights on the current shipping finance market and recent events in the shipping space.
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Let’s Talk About the LNG Carrier in the Room
Beginning in April 2029, the Office of the United States Trade Representative (USTR) will enforce a requirement that 1% of all liquified natural gas (LNG) exports from the U.S. be shipped aboard a U.S.-built LNG carrier. The U.S. hasn’t built an LNG carrier in nearly 50 years.