30
Thu, Jan

Japan remains top LNG tanker owner

World Maritime

Japan owns the world’s most valuable and largest fleet of LNG carriers, and the nation is followed by Greece and China, according to the newest data by Veson Nautical's VesselsValue.

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China leads

Whilst China retains the top spot in terms of vessels numbers, it has also taken the lead for the most valuable fleet, overtaking Japan and amounting to $255 billion, VesselsValue said.

The fact that China owns the most valuable bulker and container fleets at $68.4 billion and 63.5 billion respectively, has contributed to their leading status, particularly as values for both sectors have firmed over the last year.  

VesselsValues said this is due to improving market fundamentals which have come about as a result of the crisis in the Red Sea, increasing tonne-mile demand for most sectors as vessels reroute around the Cape of Good Hope to avoid hostilities.

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Original Source LNGPrime

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