Valve Spring

Valve Spring

Torrents of Spring LNG Shipping Market Surge

Recently, the investment ship to receive the liquefied natural gas (LNG) ship "Roc Star", Since then, the investment ship to market its affiliated joint venture in China LNG Shipping (Holdings) Limited (CLNG) Construction of five LNG ship All deliveries to complete. Industry insiders estimate that in 2010 pre tax investment LNG shipping business contribution to the stability of the investment income will reach 120 million yuan. The news, no doubt blowing up an LNG ship market, the genial spring.

In 2009, the global financial crisis, LNG demand reduction, LNG vessels on the rent continued to fall, fell to 42,000 U.S. dollars, while banks tighten credit also makes custom made shipping companies do not have enough liquidity in new vessels, new vessels are not custom made requirements Wang, directly discourage the construction of the international LNG ship owner's passion, the ship carrying LNG ship orders enterprises is declining.In the international market for LNG shipping capacity growth and market demand will have a direct impact on the LNG ship freight concern, the huge domestic demand for LNG vessels gave LNG shipping market has brought about a new opportunity.

According to customs statistics, China imported 2.91 million tons in 2007 liquefied natural gas to 3.34 million tons in 2008, 2009, the first 10 months of 4.39 million tons, increasing year by year. Statistics showed that China's natural gas consumption is far below the world average, with climate change and the transformation of our energy demands of the rapidly growing natural gas development, gas supply and demand gap in 2010 will reach 20 billion cubic meters, the proportion of net imports will 40%. Relevant survey data also show that in 2010 will require 38 domestic LNG vessels by 2015, more than 65, China's demand for LNG vessels will be the emergence of a golden age.

As the see the tremendous potential demand for natural gas market, more domestic shipbuilding enterprises have started to invest in the field of LNG shipping. Just completed five LNG ships built in Hudong Zhonghua Shipbuilding (Group) Co., Ltd. is the first LNG ship construction shipyard, the success of five LNG ships built for the Hudong China has accumulated experience in this basis, Shanghai East China actively involved in the first six LNG vessels cum Shanghai LNG carrier construction project preparation, the present design optimization and production of the technical preparations have been completed. At the same time, Dalian Shipbuilding Industry Co., Ltd. and Jiangsu RSHI been a stream of messages that will be involved in this field.

In addition, our policy for ship from enterprise development to create the conditions for LNG ships. 2009 introduced the "ship industrial restructuring and revitalization plan" clearly support the new high tech ships, marine engineering equipment and auxiliary equipment R & D priorities, including LNG ships used as a focus.From the operator point of view, as the largest in China today, most efficient large scale ocean energy transport business, investment ship LNG shipping operations in 2009 full year, profit poor investment to bring the ship self confidence. In the current situation, LNG ship fixed route, fixed rate of return model, brought stability to the operator returns, but also to the profitability of operators and gradually through the valley of hope.

Batch build LNG vessels, not only means that China has successfully mastered the world's advanced shipbuilding technology, to enhance China's shipbuilding industry competitive in the international market force is increased weight, but also through the construction of LNG vessels, both in the shipbuilding process on, or ship steel, self design and repair of property rights and so on, will lead the development of related industries. With the LNG ships, one of the core components of successful bulk ultra low temperature insulating box made, breaking the monopoly of foreign companies have been a handful of the status quo, our manufacturing LNG ships have been forming the basis of conditions.

With the global trade in LNG shipping and LNG ship fleet rapidly scale year after year, the global LNG ship repair market has been maintained more prosperity. In 2009, the world's major LNG ship repair business repair a total of 92 LNG vessels, with the increase over the same period in 2008, 21, an increase of nearly 30%, and also has a very large ship repair market.

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