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.

- Advertisements -

Most Popular

China’s Wison wins Indonesian FLNG gig from Genting

China's Wison New Energies has secured a contract from a unit of Genting to build a floating LNG unit...

Japan’s Chiyoda provides Golden Pass LNG update

Japan's engineer Chiyoda has released an update regarding the construction of the Golden Pass LNG export project in Texas,...

South Korea’s Hanwha to increase stake in NextDecade

South Korean conglomerate Hanwha has agreed to buy more shares in US LNG firm NextDecade to increase its stake...

More News Like This

PetroVietnam Power gets $300 million loan for LNG power plants

PetroVietnam Power, a unit of state-owned PetroVietnam, has signed a deal with Citibank and ING for a $300 million...

VesselsValue: Japan remains top LNG carrier owner

Japan owns the world’s most valuable fleet of liquefied natural gas (LNG) carriers, and the nation is followed by...

Interview: Maria Angelicoussis and Sveinung Stohle talk LNG fleet expansion plans

Greek shipping giant Angelicoussis has secured long-term charters for almost all of the newbuild LNG carriers it has ordered...

TotalEnergies bunkers Maran Tankers LNG-powered duo

A unit of French energy giant TotalEnergies has completed its first LNG bunkering operations to two new dual-fueled vessels...