VERY LARGE GAS CARRIER MARKET

INTRODUCTION

Very Large Gas Carriers (denoted as VLGC vessels) are a sub-class of genericgas carriersthat target a considerably higher volume of gas transport. In general, the most common gas that is shipped is liquified petroleum gas (LPG) that is extracted from petroleum reserves.

liquified natural gas (LNG) that is extracted from hydrocarbon deposits near fossil fuels.The VLG Carriers are capable of loading anywhere between a lakh cubic meters to two lakh cubic meters of gas into large tanks.

These tanks are built under the deck and regulate gas loading and unloading using a system of pumps and valves. In this article, we will take a look at the construction, design and layout of a classic VLGC vessel.

While solids can easily be moved using cranes, liquids and gases must be drained completely at the port of unloading. Any residual substances can pollute or contaminate any incoming cargo.The VLGC designs featuredouble bottom structureand an additional side shell in certain carriers.

The purpose behind having multiple hulls is that it is possible to contain a leak, while also providing room for the vital components of the ship. Most of the electrical wiring and pipes required for the operation of the ship runs within this shell. Often, the double bottom also has a ducted keel that allows main connections and wires to run along the entire length of the ship unobstructed.

VERY LARGE GAS CARRIER MARKET SIZE AND FORECAST

The Global Very Large Gas Carrier Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

VERY LARGE GAS CARRIER MARKETRECENT DEVELOPMENT AND INNOVATION

NYK is delighted to announce the order of its fifth liquefied petroleum gas (LPG) dual-fuel very large LPG / liquefied ammonia gas carrier (VLGC) from Kawasaki Heavy Industries Ltd. (KHI). The ship will be built at the KHI Sakaide Works shipyard and is set for delivery in 2026.

This vessel is the seventh in NYK’s fleet of LPG-fueled LPG carriers and the fifth in a new type of vessel that is also capable of carrying ammonia and will be equipped with separate cargo tanks designed to carry LPG and ammonia at the same time to flexibly respond to various trade patterns.

VERY LARGE GAS CARRIER MARKETCOMPANY PROFILES

• Bellavista
• Flanders innovations
• Gas venus
• BW Lord
• Dorian comet ships

THIS VERY LARGE GAS CARRIER MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Very Large Gas Carrier are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Very Large Gas Carrier and key vendor selection criteria
3. Where is the Very Large Gas Carrier manufactured? What is the average margin per unit?
4. Market share of Global Very Large Gas Carrier market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Very Large Gas Carrier in-house
6. key predictions for next 5 years in Global Very Large Gas Carrier market
7. Average B-2-B Very Large Gas Carrier market price in all segments
8. Latest trends in Very Large Gas Carrier market, by every market segment
9. The market size (both volume and value) of the Very Large Gas Carrier market in 2024-2030 and every year in between?
10. Production breakup of Very Large Gas Carrier market, by suppliers and their OEM relationship