78 newbuild orders placed in 2024, doubling LNG orders of 2023

Capt. John

THE number of LNG newbuilding orders have more than doubled from the same period last year where 34 orders were placed, compared to 78 in the first five months of 2024, an increase of 129 per cent, according to Boston-based maritime software consultancy Veson Nautical. Newbuilding prices for the Large LNG sector of 174,000 CBM are currently at an all-time high of US$269 million, up 6.1 per cent, said Veson Nautical analyst Rebecca Galanopoulos Jones. ‘At the moment, the orderbook for the Large...


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