Liquefied Natural Gas (LNG) Carrier Market Report 2016-2026

LONDON, December 11, 2015 /PRNewswire/ --

CAPEX Forecasts by Containment System & Constructor Country, Global Fleet & Order Book Analysis, and Shipbuilder & Operator Company Profiles 

Following the Fukushima nuclear disaster and the resulting increase in LNG demand in 2012, the LNG carrier fleet was operating at a 98% utilisation rate and was on occasions able to charge record charter rates for spot cargoes of $150,000/day. Consequently this presented an opportunity for a profitable investment in LNG carriers. However, the delivery of significant numbers of carriers in 2013 and 2014, in combination with the delay of several liquefaction projects and slowing LNG demand in Asia, has led to a rapid decrease of charter rates to around $80,000/day in 2014. 2015 saw further dramatic decrease, and charter rates were more than halved by Q2 2015 to an average of $30,000/day as a result of fall in demand. Long term and spot charter rates in September were below $40,000/day and $25,000/day, respectively. In consequence, charter utilization rates have also fallen below 90%.

Nonetheless, the addition of substantial liquefaction capacity in Australia and North America over the next five years will drive spending on LNG carriers to transports these supplies, while the market will be further boosted by the need for increased flexibility in the LNG fleet, more long-haul LNG voyages and a growing spot market. Visiongain has calculated the global LNG carrier market will reach $7.693bn in 2016.
 
The report will answer questions such as:
• What is driving and restraining the LNG carrier market?
• What are the market shares of the containment systems and national construction markets of the overall LNG carrier market in 2016?
• Which containment technologies will prevail and how will these shifts be responded to?
• How will political and regulatory factors influence the LNG carrier market?
• Will leading national LNG carrier markets broadly follow the macroeconomic dynamics, or will individual country sectors outperform the rest of the economy?
• Who are the leading LNG carrier shipbuilders and operators and what are their prospects over the forecast period?

To see a report overview please email Sara Peerun on sara.peerun@visiongainglobal.com

How will you benefit from this report?
• Over 250 pages of analysis, including 143 tables and figures which provide the perfect accompaniment to high-end business presentations.
• Market forecasts by containment system and constructor country for 2016-2026
• Profiles of the leading LNG carrier shipbuilders and operators.
• In-depth interviews with an industry expert, who provides exclusive insights into LNG carrier developments across the world.

Five reasons why you must order and read this report today:
1. The report provides CAPEX forecasts (2016-2026), plus analysis, for four national LNG carrier constructor markets, providing unique insight into LNG industry development:
- South Korea
- Japan
- China
- India

2. The report also offers CAPEX forecasts (2016-2026) for the four main containment systems in the LNG carrier market:
- GTT No 96
- T-Mark III and Mark Flex
- Moss
- SPB

3. In-depth analysis of the Small Scale LNG carrier market and forecast (2016-2026)
- Existing fleet and orders
- Operating areas
- Drivers and restraints

4. Profiles containing market share analysis, carrier orders and future outlook for the 7 leading LNG carrier shipbuilders and 8 leading LNG carrier operators
Shipbuilders:
- Daewoo Shipbuilding and Marine Engineering (DSME)
- Hudong Zhonghua
- Hyundai Heavy Industries (HHI) (including Hyundai Samho)
- Kawasaki Heavy Industries
- Mitsubishi Heavy Industries
- Samsung Heavy Industries (SHI)
- STX Offshore and Shipbuilding (STX)

Operators:
- China Shipping LNG
- GasLog Ltd
- Maran Gas Maritime Inc. (MGM)
- Mitsui O.S.K. Lines, Ltd. (MOL)  
- Misc Berhad (Misc)
- Nippon Yusen Kabushiki Kaisha (NYK)  
- Teekay Corporation
- Yamal LNG

5. Tables detailing all existing and scrapped LNG carriers, as well as the full order book of upcoming carriers:
Existing Carriers:
- Ship Name
- Year Built
- Shipbuilder
- Operator
- Capacity
- Containment System

Order Book:
- Shipbuilder
- Expected Delivery Date
- Operator
- Containment System
- Capacity

Who should read this report?
- Anyone within the global LNG Carrier industry
- CEOs
- COOs
- Business development managers
- Project and site managers
- Suppliers
- Investors
- Contractors
- Government agencies
- Environmental Engineers/Technicians

Don't miss out
This report is essential reading for you or anyone in the global LNG carrier market. Purchasing this report today will help you to recognise those important market opportunities and understand the possibilities there. Order the Global LNG Carrier Market 2016-2026 report now. We look forward to receiving your order.

To see a report overview please email Sara Peerun on sara.peerun@visiongainglobal.com

To request an exec summary of this report please email Sara Peerun at sara.peerun@visiongainglobal.com or call Tel: +44 (0) 20 7336 6100

Or click on https://www.visiongain.com/Report/1543/Liquefied-Natural-Gas-%28LNG%29-Carrier-Market-Report-2016-2026

Companies Mentioned in This Report 

A.P. Moller-Maersk Group

Agip

Almi Gas

Alpha Tankers & Freighters International Ltd

Anadarko

Anangel Maritime

Angelicoussis Shipping Group

Anglo Eastern Group

Anhui Huaqiang Natural Gas

Anthony Veder

Apache

Arrow Energy

Avner Oil Exploration

Awilco AS

Bernhard Schulte

BG Group

BGT (Bonny Gas Transport)

Bharat Petro Resources Limited (BPRL)

Boelwerf

BP

BW Gas ASA

Cardiff Marine

Centrica plc

CETS (CNOOC)

Chantiers de France-Dunkerque

Chantiers Navales De La Ciotat

Chemikalien Seetransport Gmbh

Cheniere Energy

Chevron Texaco Ltd

China Ocean Shipping Company (COSCO)

China Shipping Group

Churo Kauin

Clarksons plc

Cochin Shipyard

ConocoPhillips

Constructions Navales et Industrielles de la Mediteranee (CNIM)

Corpus Christi LNG

Cove Energy

Cryovision

Daewoo Shipbuilding & Marine Engineering (DSME)

Daiichi

Dalian Inteh Group

Deen Shipping

Delek Drilling

Dominion Corporation

Dynacom Corporation

Dynagas

Empresa Naviera Elcano

Encana Corporation

Energy Projects Development

ENH Mozambique

ENI

EOG Resources Canada Inc

Excelerate Energy

Exmar NV

ExxonMobil

Fincantieri

Flex LNG

FortisBC Energy

Galp Energia Group

Gaschem Services

GazOcean

Gazprom

Gaztransport & Technigaz (GTT)

General Dynamics (GD)

Golar LNG

Hanjin Heavy Industries and Construction Company Ltd. (HHIC)

Hanjin Shipping Co. Ltd

HDW Kiel

Höegh LNG

Hogaki Zosen

Howaldtswerke-Deutsche Werft (HDW)

Huaneng Group

Hudong Zhonghua Shipbuilding (Group) Co. (HZ)

Humpuss Intermoda Transportasi

Hyproc Shipping Co

Hyundai Corporation

Hyundai Heavy Industries

Hyundai Merchant Marine Co., Ltd.

Hyundai Samho Heavy Industries (HSHI)

I.M. Skaugen

IINO Kaiun Kaisha Ltd.

Imabari Shipbuilding

Inpex Browse Ltd

Interoil

Iraq's South Gas Company

Ishikawajima Harima Heavy Industries

IZAR

Japan Marine United

Japan Petroleum Exploration Company

Jiangnan Shipbuilding Group

JX Energy

Kawasaki Heavy Industries (Kawasaki)

Kawasaki Sakaide Works

K-Line America Inc.

Knutsen OAS Shipping

Korea Gas Corporation (KOGAS)

Korea Line Corporation

Kunlun Energy Company Limited

Kuwait Foreign Petroleum

Kvaerner Masa

La Ciotat (Chantiers Navales De La Ciotat)

LNG America

L&T Ltd

Maran Gas Maritime Inc.

Marathon Oil Corporation

MISC Berhad

Mitsubishi Heavy Industries (Mitsubishi)

Mitsui O.S.K (MOL)

Moss Maritime

Moss Rosenberg Verft

Nakilat

National Gas Shipping Company Ltd. (NGSCO) of UAE

National Iranian Gas Export Company (NIGEC)

National Iranian Oil Company (NIOC)

Natural Gas Pipelines Company of Israel

Nigerian National Petroleum Corporation (NNPC)

Nippon Yusen Kabushiki Kaisha

Noble Energy

Northrop Grumman

Novatek

Oceanus LNG

OLT Offshore

Oregon LNG

Origin Energy

Osaka Gas

Overseas Shipholding Group Inc.

Pacific Rubiales Corporation

Perbadanan

Pertamina, Medco Energi International Tbk

Petro China

Petrobras

Petroleous de Venezuela (Pdvsa)

PETRONAS

Phillips Petroleum Company

Pieridae Energy Canada

Pipapav Defence and Offshore Engineering Ltd

Primorsk Shipping

Pronav

PTT LNG

Qatar Petroleum International

Queensland Gas Company Ltd

Ronshong Heavy Industries Group

Royal Dutch Shell plc

Sabine Pass LNG

Samsung Heavy Industries (SHI)

Santos GLNG

Sasol

Sempra Energy

Shanghai Gas Group

Shanghai Waigaogio Shipbuilding

Shenghui Gas

Shenzhen Energy

Shinwa

Shipping Corp of India (SCI)

SinoGas

Sinopec

SK Shipping

Société Nationale des Hydrocarbures

Southern Energy

Sovcomflot

Spectra Energy

State Oil Company of Azerbaijan (SOCAR)

Statoil

Stena Bulk

STX Offshore & Shipbuilding Co. Ltd (STX)

STX Pan Ocean

Taizhou Wuzhou Shipbuilding

Teekay Corporation

Thenamaris

Tokyo Electric Power Company

Total

Tractebel Engineering (GDF SUEZ)

Tsakos Energy Navigation Ltd.

Tsurumi Sunmarine

United Parcel Service (UPS)

Universal Shipbuilding Corporation

Veka Deen LNG

Veka Group

Veresen, Inc.

Vickers Shipyard

Woodside plc

Yudian Group

Other Organisations Mentioned in This Report 

Beijing Municipal Government

Chinese Communist Party (CCP)

Department of Energy (DoE)

Energy Information Administration (EIA)

Federal Energy Regulatory Commission (FERC)

International Energy Agency (IEA)

International Gas Union (IGU)

International Maritime Organisation (IMO)

National Development and Reform Commission (NDRC) of China

OPEC (Organization of the Petroleum Exporting Countries)

State Pricing Bureau of China