Stocks that Float: TANKERS & DRY BULK SHIPPERS

[xanadu90]

I have watched LNG-sector for some time, and read very much about the future need of transporting LNG. It will be big. There are several LNG-terminals built around the world - especially in Japan, but also in Europe because of the fear of Russian's whimps in gas supply via pipelines. In USA three new terminals are under construction.

Qatar is building a massive LNG-tanker fleet, but before those ships are delivered, the current LNG-fleet is quite small.

GLNG has ordered 2 new LNG-production tankers, which are like the terminals. The ship itself transfers the gas (from the sending port pipeline) into liquid, transports it over the ocean, and transfers the liquid into gas in the receiving port. No more very complicated and expensive terminals needed!
It will be interesting to follow how that will work out.

Read the LNG-part of the Barry Rogliano Shipping Report (message 543). That was very bullish on LNG-shipping.