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Tuesday, January 22, 2013

'LNG Carrier Market to be Worth $6.47bn in 2013' Says Visiongain Report


LONDON, January 22, 2013 /PRNewswire/ --

Visiongain's analysis indicates that the LNG carrier market will reach a value of $6.47bn in 2013, as companies seek to take advantage of the arbitrage opportunity that exists between the supply and demand sides of the global natural gas market. The LNG carrier market is therefore forecast by Visiongain to experience strong expansion over the next five years, reaching record levels of vessel output and capital expenditure.

The lead analyst of the LNG carrier report commented that, 'With the expansion of both LNG export and import infrastructure and very strong supply and demand natural gas market dynamics, more LNG carriers are required. The current undersupply of vessels is illustrated by an utilisation rate of the LNG carrier fleet approaching 100%, which has led to record charter rates for LNG carriers. Natural gas discoveries in North America are leading to LNG export terminal expansion on the continent, which, in addition to those terminals planned in Australia, will create yet more supply routes that need to be serviced by LNG vessels. Underpinning all this investment in LNG carriers is the significant arbitrage opportunity that exists between supply and demand markets. As the LNG spot market expands, a larger and more flexible LNG carrier fleet will be required. There is also a justifiable interest in smaller LNG carriers as the economics of transporting LNG to remote areas for power generation or for use as a transportation fuel improves.'
The report contains 112 tables, charts and graphs that add visual analysis in order to explain developing trends within the LNG carrier market. Visiongain provides forecasts for the period 2013-2023 in terms of capital expenditure (US$) on LNG carriers. In addition to a global forecast, there is a breakdown of seven leading markets by capital expenditure: three focus on the leading national LNG carrier construction markets; three breakdown the market by dominant containment system types used on LNG carriers; and one looks exclusively at the future of the small-scale LNG carrier market (less than 50,000 cubic metres of capacity). The forecasts include a breakdown of all current contracts on LNG carriers, a forecast of future delivery numbers and a breakdown of all LNG liquefaction terminals currently planned or under development.
A company's chapter provides extensive and detailed profiles, analysis and outlooks for the seven leading shipbuilders in the LNG carrier market; this includes detailing current projects, contracts, M&A activity, strategic focus and the future outlook of the companies. 46 other companies active in the market are also detailed. Last of all, three interviews from prominent figures within the LNG carrier industry provide expert insight alongside Visiongain analysis.

The LNG Carrier Market 2013-2023 will be of value to current and potential future investors in the LNG carrier industry and the LNG industry as a whole. It will also benefit companies and research centres that wish to broaden their knowledge and understanding of a growth market that will be crucial in shaping the future outlook of the global natural gas industry.


For further information concerning the Visiongain's LNG Carrier Market 2013-2023 report please visit http://www.visiongain.com/Report/960/The-LNG-Carrier-Market-2013-2023

Companies Listed
Agip (Division of ENI)
Almi Gas
Alpha Tankers
Anadarko
Anglo Eastern Management
Angola LNG
Anthony Veder
Apache
Apache Canada Ltd
Arrow Energy
Avner Oil Exploration
Awilco LNG
BC LNG Export Cooperative LLC.
BG Group
BHP Billiton
Bloomberg
Bonny Gas Transport
BP
BP Shipping
BPRL
Braemer Seascope Group
Brunei Gas Carriers
BW Gas
BW Group
Cambridge Energy Group
Cardiff Marine
Centrica
Cheniere Energy
Chevron
Chevron Shipping
China LNG Shipping
China Ocean Shipping Company (COSCO)
China Shipping Group
China State Shipbuilding Corporation (CSSC)
Chinese National Petroleum Corporation (CNPC)
Chubu Electric Power
CNOOC
ConocoPhillips
Corpus Christi LNG
Cove Energy
Daesung
Daewoo Shipbuilding and Marine Engineering (DSME)
Dalian New Shipyard, Nantong
Delek Drilling
Diamond Gas Carriers
Dominion Corporation
Dynagas
Eilat Ashkelon Pipeline Company
EMP Energi Indonesia
Encana Corporation
Energy Projects Development, LLC
ENH
ENI
ENN (China)
EOG Resources Canada Inc
Excelerate Energy
Exmar Group
ExxonMobil
Fearnley LNG
Federal Republic of Nigeria represented by the Nigerian National Petroleum Corporation (NNPC)
Financial Times (FT)
Freeport LNG
Galp
GasLog
Gazprom OAO
Gaztransport and Technigaz (GTT)
GDF Suez
Golar LNG
Hanjin Heavy Industries
Höegh LNG
Hudong Heavy Machinery
Hudong Zhonghua
Hyundai Heavy Industries (HHI)
Hyundai Samho
I.M. Skaugen.
Imabari Shipbuilding
INPEX
Inpex Browse Ltd
Interoil
Iraq's South Gas Company
Itochu
Japan Petroleum Exploration Company (Japex)
Jiangnan Shipbuilding Group
Kawasaki Heavy Industries (KHI)
Korea Gas Corporation (KOGAS)
Kunlun Energy Limited
Kuwait Foreign Petroleum
La Naval
LNG Japan
LNG Marine Transport Company
MAN Diesel and Turbo
Maran Gas
Marathon Oil
Medco Energi International Tbk
Meyer Werft
Mineral Resource Development Corporation
Mitsubishi Corporation
Mitsubishi Heavy Industries (MHI)
Mitsui Engineering and Shipbuilding
Mitsui O.S.K (MOL)
Moss Maritime
Nakilat
Nantong Mingde Heavy Industry Group
National Iranian Gas Export Company (NIGEC)
National Iranian Oil Company (NIOC)
National Petroleum Company PNG
Natural Gas Pipelines Company (Israel)
Nigeria LNG
Nippon Oil
Nippon Yusen Kabushiki Kaisha (NYK)
Noble Energy
Norgas Carriers
Novatek
OAO United Shipbuilding Corp
Oil Search
Oman Oil Company
Oman Shipping Company
Oregon LNG
Origin Energy
Osaka Gas
Pacific Rubiales Corporation
Patriot Shipping
Pertamina
Petrobras
PetroChina (Hong Kong subsidiary of CNPC)
Petroleous de Venezuela, S.A. (PDVSA)
Petromin
Petronas
Pieridae Energy Canada
PNG Holdings
ProNav Ship Management
PTT LNG
Qatar Petroleum
Qatar Petroleum International
Queensland Gas Company Ltd
Remontowa
Repsol
Ronshong Heavy Industries Group
Royal Dutch Shell
Sabine Pass LNG
Samsung Heavy Industries (SHI)
Santos
Sasol
Sempra Energy
Shanghai Waigaogio Shipbuilding
Shell Australia
Shell Shipping
Shell Upstream Overseas Services
Shenghui Gas & Chemical Systems
Sinopec
Société Nationale des Hydrocarbures
Southern Energy
Sovcomflot Group (SCF)
Spectra Energy
State Oil Company of Azerbaijan (SOCAR)
Statoil
Stena Bulk
Stena Group
Stena LNG
Stena Redari
STX Corporation
STX Europe
STX Offshore and Shipbuilding
Taizhou Wuzhou Shipbuilding
Teekay LNG Partners
Teekay Shipping
TGE Marine
Thenamaris
Tokyo Electric Power Company (TEPCO)
Tokyo Gas
Total
Total E&P Australia
Tsakos Energy
Tsakos Energy Navigation (TEN)
United Parcel Service (UPS)
Universal Shipbuilding
Universal Shipping
Veka Group
Veresen, Inc. and
Wärtsilä
Wavespec
Woodside
Xinjiang Guanghui

Notes for Editors

If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44-(0)-20-7336-6100

About visiongain

Visiongain is one of the fastest growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-2-business conferences, newsletters, management reports and e-zines focusing on the Energy, Telecoms, Pharmaceutical, Defence, Materials sectors.

Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port-of-call for the business professional, who needs independent, high quality, original material to rely and depend on.

Contact:
Email: Sara Peerun on sara.peerun@visiongainglobal.com
Tel: +44-(0)20-7336-6100


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22 Jan 2013
15:04 'Global Oil & Gas Automation & Control Systems Market to be Worth $8.63bn in 2013' Says Visiongain Report







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