Greek Shipowners Make Big Bet on LNG Vessels

Global LNG markets are poised for growth, with demand continuing to rise and Greek ownership expanding. According to a recent report by maritime consultancy Veson Nautical, VesselsValue, Greek shipowners invested approximately $13.8 billion in 59 newly built LNG vessels in 2021. Additionally, Greek owners have invested around $18 billion in new gas vessels, diversifying their fleets beyond traditional tanker, bulker, and container asset classes to include LNG and gas. The Veson Nautical report has identified a $4 billion investment in 41 LPG vessels,...