Study: $48bn at risk of being written off as LNG tanker orders rise 300 per cent

Stuart Stone
clock • 4 min read
Credit: iStock
Image:

Credit: iStock

New analysis warns LNG tanker oversupply could leave investors and shipping operators with stranded assets as clean energy transition gathers pace

Almost $50bn of investment in liquefied natural gas (LNG) tankers could be written off by 2035, if falling fossil fuel demand leads to a significant oversupply of tanker capacity over the coming decade....

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Shipping

'Green cliffs of Dover': Port of Dover becomes first UK port to reach net zero emissions

'Green cliffs of Dover': Port of Dover becomes first UK port to reach net zero emissions

Dover claims to have become the UK’s first net zero port, 25 years ahead of the UK government's target for the maritime sector

clock 15 April 2026 • 3 min read
UK's first commercial bio-methanol bunkering service launches at Port of Immingham

UK's first commercial bio-methanol bunkering service launches at Port of Immingham

Partners Ørsted, Exolum, and Methanex Corporation launch pioneering commercial bio-methanol service for shipping operators

clock 11 February 2026 • 3 min read
'An important precedent': World Sailing to measure and reduce carbon impact of every Olympic-class boat

'An important precedent': World Sailing to measure and reduce carbon impact of every Olympic-class boat

Lifecycle assessment for six Olympic sailing classes to shed light on climate impact of sailing equipment

Stuart Stone
clock 23 January 2026 • 3 min read