Commodity market report
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20 Pages

Global LNG shipping - long-term outlook 2015

Global LNG shipping - long-term outlook 2015

Report summary

Weak demand growth and increased supply of LNG vessels has created an overhang of shipping capacity. However, the prospect of new trade from North America has kept vessel orders coming on the expectation of a better tomorrow. The danger is that the consequent increase in supply of LNG ships will outpace the growth in demand for them.

What's included?

This report includes 2 file(s)

  • Global LNG shipping - long-term outlook 2015 PDF - 627.10 KB 20 Pages, 3 Tables, 19 Figures
  • LNG Shipping Long Term Outlook 2015.xls XLS - 563.00 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
    • Key issues
  • Demand
    • LNG shipping demand
      • Forecast trade
        • New LNG projects
      • Forecast LNG shipping requirement by project status
  • Supply
    • LNG shipping supply and availability
      • Procuring a new LNG Ship
      • Shipyard berth availability and current orders
      • Existing Fleet
      • Inactive fleet
      • Scrapping
  • Supply-demand balances
    • LNG shipping supply-demand balance

In this report there are 22 tables or charts, including:

  • Executive summary
    • Forecast LNG shipping supply v demand (number of 174,000 m³ equivalent vessels)
  • Demand
    • Historic LNG exports
    • Historic LNG imports
    • Far East LNG imports by source (mmtpa)
    • Far East LNG imports (billion tonne-miles)
    • Modelled forecast LNG trade (bcm)
    • Modelled forecast LNG trade (bcm-miles)
    • LNG shipping requirement by project
    • Estimated shipping requirement for projects under construction (number of 174,000 m³ equivalent vessels)
    • LNG liquefaction capacity by status v LNG demand
    • Ship requirement by status v LNG demand
  • Supply
    • LNG fleet development by size range (current fleet and orderbook)
    • LNG shipyards and delivery availability
    • LNG shipyards committed output and delivery availability
    • LNG ships ordered - charter expiry schedule (17,500 m³+ ships)
    • Existing LNG fleet - charter expiry schedule (100,000 m³+ ships)
    • Existing LNG fleet - charter expiry schedule (17,500-100,000 m³ ships)
    • Scrapping potential of current LNG fleet
    • Historic and forecast LNG vessel scrapping
  • Supply-demand balances
    • LNG fleet capacity v bcm-mile demand
    • Bcm-mile demand v theoretical maximum
    • Forecast LNG shipping supply (17,500m3 +)
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