VesselsValue: Greece has the world’s most valuable LNG fleet

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.

VesselsValue Greece has the world's most valuable LNG fleet
Image: VesselsValue

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.

Most Popular

Posco International, Glenfarne ink Alaska LNG pact

US energy firm Glenfarne and Posco International, a unit of South Korean steel producer Posco, have signed a deal to advance a strategic partnership for the development of the Alaska LNG project. This includes initial terms for a long-term heads of agreement for LNG supply.

Monkey Island LNG pens offtake MoU

Houston-based Monkey Island LNG, the developer of a 26 mtpa liquefaction and export facility in Cameron Parish, Louisiana, said it had signed a memorandum of understanding with an unidentified international oil company for the offtake of LNG.

Hudong-Zhonghua gets approvals for new LNG bunkering vessel

Chinese shipbuilder Hudong-Zhonghua has received approvals from five classification societies for a 25,000-cbm LNG bunkering vessel design it jointly developed with French LNG containment specialist GTT.

More News Like This

VesselsValue: South Korea’s LNG carrier orderbook worth $71.3 billion

South Korean yards have 276 LNG carriers worth $71.3 billion on order, according to the newest data by Veson Nautical’s VesselsValue.

Japan remains top LNG tanker owner

Japan owns the world’s most valuable and largest fleet of LNG carriers, and the nation is followed by Greece...

Maran Gas adds new LNG carrier to its fleet

Greece’s Maran Gas, the gas shipping unit of Angelicoussis, has added one more newbuild liquefied natural gas carrier to...

Hanwha Ocean confirms Maran Gas order for LNG carrier duo

LNG Prime reported on November 7, citing shipbuilding sources, that Maria Angelicoussis-led Maran Gas is expected to order two...