Commodity Market Report

Global LNG shipping - fleet database July 2017

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13 July 2017

Global LNG shipping - fleet database July 2017

Report summary

Orders for new LNG ships in 2017 already exceed the 2016 total with eleven ships ordered in the first half of the year (against six in all of 2016). So far this year 18 new vessels have been added to the fleet – accounting for 40% of the total vessels scheduled for delivery in 2017. If the remaining 25 vessels are delivered on time and no further vessels are removed from the fleet, capacity will grow by 11.0% in 2017. LNG trade is forecast to grow strongly in 2017, with new capacity coming on-stream in Australia, USA and Russia, but our current 10.2% forecast expansion still falls short of fleet expansion. In 2018 scheduled deliveries will expand fleet capacity by 9.5% (assuming no scrapping or delivery slippage), which lags behind our 12.2% forecast expansion in trade. Further details of the five 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

What's included

This report contains:

  • Document

    Global LNG shipping - fleet database July 2017

    PDF 260.03 KB

  • Document

    Global LNG shipping - fleet database July 2017

    ZIP 423.24 KB

  • Document

    global lng shipping - fleet database july 2017.xls

    XLS 424.50 KB

  • Document

    Executive summary

    PDF 100.31 KB