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
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
