Commodity market report
| |
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

Description

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
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

Our 500+ analysts are based in the regions they cover, cultivating an unrivalled depth of understanding to help clients accurately identify new opportunities, define their strategy and improve business performance.

At every stage, our teams readily collaborate and share their insight to provide an integrated perspective across entire industries. It is this unique and rigorous analytical approach that ensures we are recognised as the industry standard by the world’s most innovative organisations.