Commodity market report
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2 Pages

Delayed deliveries delight: Global LNG shipping - fleet database update

Delayed deliveries delight: Global LNG shipping - fleet database update

Report summary

Just two-thirds of the 39 vessels scheduled for delivery in 2016 had been delivered by early December; bringing some relief to owners struggling in an over-supplied market. The 26 vessel already delivered have expanded fleet capacity by 6.6% in 2016; if all the other 13 scheduled vessels are delivered in December fleet capacity will expand 9.9% in 2016. Without further ship retirements or delivery slippage, fleet capacity will grow 9.6% in 2017 and 8.5% in 2018. Five new LNG ships have been ordered so far in 2016. 

Further details of these new orders and recent changes to the current fleet ownership and employment have been captured in our updated LNG fleet database; which can be found in the related Excel download.

What's included?

This report includes 2 file(s)

  • Delayed deliveries delight: Global LNG shipping - fleet database update PDF - 260.01 KB 2 Pages, 0 Tables, 2 Figures
  • global lng shipping - fleet database december 2016.xls XLS - 419.00 KB


As global energy demand rises, the market for liquefied natural gas (LNG) continues to expand. Set to increase by 50% between 2015 and 2020, the LNG market is one of the fastest growing in the world. This spectacular growth is transforming the market, with many new companies entering the sector and changing the industry landscape.

This LNG Long Term Outlook report provides an overview of LNG in the gas market.

LNG market participants and advisers can use this report to better understand the long-term role of this market in the global LNG business.

Offering bottom-up market analysis for over 150 LNG supply assets, 28 LNG-importing countries and more than 500 LNG contracts, Wood Mackenzie is the definitive and trusted resource for the LNG industry. We use our robust database and expert industry knowledge to help you understand the dynamics of the global LNG industry and identify emerging trends and opportunities.

  • Executive summary

In this report there are 2 tables or charts, including:

  • Executive summary
    • Orders and deliveries v. short-term charter rates
    • Deliveries by size v. fleet development
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