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LNG Carrier Containment Market 2020 Business Scenario – Nakilat, Gaztransport & Technigaz(GTT), Mitsui O.S.K. Lines(MOL), Teekay LNG Partners, NYK Line, Gaslog, MISC Berhad,

01-11-2021 11:56 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Insights Reports

LNG Carrier Containment Market

LNG Carrier Containment Market

The LNG Carrier Containment Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. We analyzed the impact of COVID-19 (Corona Virus) on the product industry chain based on the upstream and downstream markets, on various regions and major countries and on the future development of the industry are pointed out.

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COMPANIES COVERED (SALES, PRICE, REVENUE, VOLUME, GROSS MARGIN AND MARKET SHARE)- Nakilat, Gaztransport & Technigaz(GTT), Mitsui O.S.K. Lines(MOL), Teekay LNG Partners, NYK Line, Gaslog, MISC Berhad, Dynagas LNG Partners, BW Gas, Golar LNG and Other.

Nakilat MD on LNG market dynamics

Nakilat’s (Qatar Gas Transport Company) current fleet stands at 63 wholly- and jointly-owned LNG carriers including 18 conventional-sized vessels. In addition, the Qatari-owned shipping company manages and operates four very large LPG carriers, which Nakilat jointly owns with Milaha (that has a 30 percent stake in Nakilat). Nakilat’s core business is the transportation of LNG around the globe from Ras Laffan, the world’s largest LNG complex. Qatar has been the leading exporter of LNG since 2006, with a total export capacity of 77 Mtpa.

These last couple of years have not been the best for the LNG shipping industry that is just over 50 years old. Low LNG prices, low shipping rates, global vessel oversupply – tankers lying idle, etc. are just some of the problems LNG shipowners are facing these days. However, some shipping companies have managed to successfully cope with the industry downturn mostly due to their long-term contracts.One of them is Nakilat, the world’s leading LNG shipping firm with an estimated fleet value of about $11 billion.

RS issues Approval in Principle for new GTT’s LNG containment systems

18/09/2019: Russian Maritime Register of Shipping (RS) has carried out the approval in principle (AiP) of the new LNG containment systems, designed by Gaztransport & Technigaz (GTT) for Arc7 ice class ships. The new containment systems Mark III Flex and NO 96 L03+ by GTT are based upon proven LNG containment systems designs, enabling, in addition, to reduce the in-service boil-off rate.
RS and GTT analyzed the containment systems in terms of safety of operation aboard a ship navigating in ice-covered waters. Under the AiP procedure, RS and GTT considered containment system strength under hull vibrations, as well as fatigue endurance of the containment system elements. Additionally, containment systems safety in case of possible interaction with floating ice or icebergs, and also structural strength of the membrane systems to potential impacts (sloshing events) related to liquefied gas movements in the cargo tanks have been analyzed and validated.

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Market Segmentation:

Segmentation by Type

30,000-124,999cm
125,000-149,999cm
150,000-180,000cm
Above 180,000cm

Segmentation by Application

Domestic Transportation
International Transportation

INFLUENCE OF THE LNG CARRIER CONTAINMENT MARKET REPORT:

-Comprehensive assessment of all opportunities and risk in the LNG Carrier Containment market.
- LNG Carrier Containment market recent innovations and major events.
-A detailed study of business strategies for growth of the LNG Carrier Containment market-leading players.
-Conclusive study about the growth plot of LNG Carrier Containment market for forthcoming years.
-In-depth understanding of LNG Carrier Containment market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the LNG Carrier Containment market.

WHAT ARE THE MARKET FACTORS THAT ARE EXPLAINED IN THE REPORT?

Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on regional scale.

Analytical Tools: The LNG Carrier Containment Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

The report has 150 tables and figures browse the report description and TOC:

https://www.marketinsightsreports.com/reports/11062434533/global-lng-carrier-containment-market-research-report-2020?source=openpr&Mode=12

FIND OUT:
• LNG Carrier Containment market: Where are the opportunities? What does the future look like for LNG Carrier Containment? What will be the market size in the next 5 years?

• Market trends: What is driving the market? Where are the key players? What are their strategies? What is holding the market behind? Where is the industry heading for in the short and long-term? How are new developments expected to change the market?

• Technology: How are new technologies shaping the market?

What are the new revenue channels which companies can explore for growth?

Related Reports:

LNG High-Performance Truck Market:
https://www.marketinsightsreports.com/reports/12302513742/global-lng-high-performance-truck-market-insights-and-forecast-to-2026?source=openpr&Mode=12

Small-Mid Scale LNG Market:
https://www.marketinsightsreports.com/reports/12212509372/global-small-mid-scale-lng-market-growth-2020-2025?source=openpr&Mode=12

Floating LNG Terminal Market:
https://www.marketinsightsreports.com/reports/12182506834/global-floating-lng-terminal-market-research-report-2020?source=openpr&Mode=12

If you have any questions about any of our “LNG Carrier Containment market report” or would like to schedule a personalized free demo of LNG Carrier Containment market report, please do not hesitate to contact me at irfan@marketinsightsreports.com.
Best wishes,
Irfan Tamboli
Head of Sales Operations
Market Insights Reports
Tel: + 1704 266 3234 | +91-750-707-8687
Email: sales@marketinsightsreports.com | irfan@marketinsightsreports.com

About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides Global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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