Welt: One in every two new LNG ship orders by Greek interests; major share held by latter in fuel’s transport

7 December 2018
130 Views

German daily Welt this week touched on what it called the noteworthy expansion of the global liquefied natural gas sector, noting that Greek shipping interests now control a significant share of the fuel’s transport through LNG carriers.

At the same time, the article says Germany has fallen far behind in the LNG transport sector and is essentially dependent on Greek-controlled tankers.

The paper cites the US administration’s recent praise for LNG use, along with China’s gradual increase in its consumption.

In terms of the LNG shipping sector, Welt reports that one in out of two new LNG vessel orders is now being placed by a Greek-controlled company, i.e. 33 out of 66 at present. New orders placed by Greek interests for LNG carriers reached nine billion USD in value for 2018 alone.

LNG is still exclusively transported by sea.

You may be interested

Lotto results: 23/03/2019
GREECE
shares16 views
GREECE
shares16 views

Lotto results: 23/03/2019

Panos - Mar 23, 2019

The winning numbers from the Lotto draw are as follows:

SYRIZA EP candidate resigns after dead mother’s pesnion row
GREECE
shares52 views
GREECE
shares52 views

SYRIZA EP candidate resigns after dead mother’s pesnion row

makis - Mar 22, 2019

Myrsini Loizou, SYRIZA’s candidate for the European Parliament has announced she will resign after it was revealed by protothema.gr she…

The Hellenic Coast Guard forbids its members to sing any military songs or marches as it is accustomed!
GREECE
shares41 views
GREECE
shares41 views

The Hellenic Coast Guard forbids its members to sing any military songs or marches as it is accustomed!

makis - Mar 22, 2019

An unprecedented move was made by the commander of the Hellenic Coast Guard’s Underwater Missions Unit a few days before…

Leave a Comment

Your email address will not be published.