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
