Strong orders have left shipyards with little additional capacity
LNG shipbuilding capacity to tighten
Shipyards are nearing their limits due to strong demand for carriers
Global shipbuilding capacity for large LNG carriers could face a crunch in the coming years following a deluge of orders in recent months from buyers keen to lock in slots at shipyards. Companies placed a total of 38 orders for newbuild LNG tankers with a capacity of at least 140,000m³ in the first eight months of this year, according to Clarksons, the world’s largest shipbroker. This compares with last year’s 55 orders, which was nearly level with 2019 and 2018. LNG carrier deliveries have been robust throughout this year, with on average approaching five new vessels delivered every month in the first seven months of 2021. 38—LNG carrier orders in 2021 Twenty-four conventional LNG
Also in this section
24 July 2025
The reaction to proposed sanctions on Russian oil buyers has been muted, suggesting trader fatigue with Trump’s frequent bold and erratic threats
24 July 2025
Trump energy policies and changing consumer trends to upend oil supply and demand
24 July 2025
Despite significant crude projections over the next five years, Latin America’s largest economy could be forced to start importing unless action is taken
23 July 2025
The country’s energy minister explains in an exclusive interview how the country is taking a pragmatic and far-sighted approach to energy security and why he has great confidence in its oil sector
