Delayed deliveries delight: Global LNG shipping - fleet database update
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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.
Table of contents
- Executive summary
Tables and charts
This report includes 2 images and tables including:
- Orders and deliveries v. short-term charter rates
- Deliveries by size v. fleet development
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13 April 2016
Global LNG shipping - fleet database April 2016
Global LNG shipping - fleet database April 2016
Supply of LNG ships is growing faster than demand adding to overcapacity in the market
$1,75013 July 2017
Global LNG shipping - fleet database July 2017
Global LNG shipping - fleet database July 2017
Eleven new ships ordered in the first half of the year (against six in all of 2016), almost half of which orders were placed in June.
$1,75016 July 2018
Global LNG shipping - fleet database July 2018
Global LNG shipping - fleet database July 2018
Orders for new LNG ships in 2018 already exceed the 2017 total with 22 ships ordered to date
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