US LNG exports could create demand for 200 new ships

The United States' LNG expport could result in employment for 200 new ships, in addition to the 380 ships that already sail with LNG. And LNG is generally becoming more visible to all parties involved, writes Platou in a new analysis.

Photo: Stena Bulk

The export of LNG from the United States to the rest of the world could become a massive business for shipping, writes Platou. It could be the beginning of a whole new infrastructure development.

"At full potential US exports applications could add demand for 200 vessels vs. the current fleet of 380. Furthermore, FLNG could offer a quicker and more politically digestible solution for exports, demanding yard slots or alternatively removing vessel supply through conversion of some of the 40 vessels above 30 years of age," writes Platou in the analysis.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Nina Østergaard Borris takes over as USTC's CEO

Danish billionaire Torben Østergaard-Nielsen passes the position as CEO of USTC to his daughter Nina Østergaard Borris. ”A joint decision by the ownership,” Østergaard-Nielsen tells newspaper.

Related articles

Latest news

See all jobs