Greece is the owner of the world’s most valuable LNG fleet, followed by Japan and China, according to the newest data by VesselsValue.
The value of the Greek LNG fleet stands at $19.1 billion as of November, VesselsValue said.
“With current spot rates soaring, the value of their fleet has increased by $2 billion since the beginning of the year,” it said.
The online valuation and data provider has compiled a list of the top 10 ship owning nations globally and provided insight behind the movement within the league table since the end of January this year.
You can find more info in the infographic below.
China has moved up from second in January to first place this time, owning a total of $191 bn in assets. China owns the largest number of containers and, consequently, the recent surge in rates and values has moved them up the ranks to top spot in terms of fleet value.
Japan has fallen from first to second place, owning a total of $187 billion in assets. This is an increase of over $70 billion since January, highlighting the booming bulker, LPG, and vehicle carrier markets, VesselsValue said.
Greece has bumped its way up to third place in the rankings since January this year. Their total value increased from $93.2 billion at the beginning of the year to $145 billion. Besides being the owner of the most valuable LNG fleet, Greece is also the largest tanker owner.