LNG shipping capacity is expanding rapidly with 36 vessels scheduled for delivery in 2015. At the same time weak demand has sent spot/short-term charter rates to their lowest levels since 2010. Despite this, orders continue to be placed with 10 new ships contracted so far in 2015. 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.
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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.
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Commodity market report | Jun 2015
Global LNG shipping - fleet database June 2015
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