Marine LNG Engine

Orion Group Holdings Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, October 25, 2023

HOUSTON, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial results for the third quarter ended September 30, 2023.

Key Points: 
  • HOUSTON, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial results for the third quarter ended September 30, 2023.
  • “As CFO Scott Thanisch and I marked our first anniversary with Orion, we are incredibly proud of how our people have worked collaboratively to embrace change and deliver positive results,” said Travis Boone, Chief Executive Officer of Orion Group Holdings.
  • Orion Group Holdings will host a conference call to discuss results for the third quarter 2023 at 9:00 a.m. Eastern Time/8:00 a.m. Central Time on Thursday, October 26, 2023.
  • To participate, please dial (800) 715-9871 and ask for the Orion Group Holdings Conference Call.

Insights into the Global LNG Carriers Market (2020 - 2025) - ResearchAndMarkets.com

Retrieved on: 
Monday, March 16, 2020

The LNG carrier market is expected to grow at a CAGR of approximately 3.6% during the forecast period of 2020 - 2025.

Key Points: 
  • The LNG carrier market is expected to grow at a CAGR of approximately 3.6% during the forecast period of 2020 - 2025.
  • LNG carriers are the tank ships designed to carry Liquefied Natural Gas (LNG) at a cryogenic temperature of -161C.
  • Membrane containment was the largest segment of the global LNG carrier market in 2018, owing to its higher carrying capacity and increased visibility.
  • China's LNG import is still severely dependent on foreign LNG carriers, with external capacity dependence rate of around 60%.

Growth of LNG Carriers Market to be Impacted by the Increase in Demand for Natural Gas | Technavio

Retrieved on: 
Wednesday, February 5, 2020

LNG Carriers Market Landscape 2019-2023: Geographic Landscape

Key Points: 
  • LNG Carriers Market Landscape 2019-2023: Geographic Landscape
    LNG Carriers Market Landscape 2019-2023: Containment Type
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  • As per the IEA, the global demand for natural gas is expected to increase from 3,740 billion cubic meters in 2017 to 4,100 bcm in 2023 with an average growth rate of 1.6% each year.
  • Emerging economies such as China will register the majority of this demand, which would account for 37% of the increase in the global demand for natural gas by 2019.
  • This is driving the need for transporting natural gas in the form of LNG in the most efficient manner with the help of LNG carriers.

Global LNG Carrier Containment Market Assessment, 2019: Review & Outlook (2014-2024) - ResearchAndMarkets.com

Retrieved on: 
Thursday, April 18, 2019

The "Global LNG Carrier Containment Market - Analysis By Carrier Type, By Propulsion Type, By Capacity, By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global LNG Carrier Containment Market - Analysis By Carrier Type, By Propulsion Type, By Capacity, By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024)" report has been added to ResearchAndMarkets.com's offering.
  • The Global LNG Carrier Containment market has been analysed for the historical period of 2014-2018 and the forecast period of 2019-2024.
  • Market of LNG Carrier Containment is driven by rapid price reductions and growing customer demands for increased functionality.
  • Global LNG Carrier Containment Market (Actual Period: 2014-2018, Forecast Period: 2019-2024)
    Global LNG Carrier Containment Market (Value) - Size, Growth, Forecast
    Analysis By Carrier Type - Moss Type, Membrane Type
    By Propulsion Type - Steam Reheat, ME-GI, DFDE, SSD, Steam, TFDE, XDF, Others
    Global LNG Carrier Containment Market (Value) - Size, Growth, Forecast
    Analysis By Carrier Type - Moss Type, Membrane Type
    By Propulsion Type - Steam Reheat, ME-GI, DFDE, SSD, Steam, TFDE, XDF, Others
    Country Analysis - United States, Bermuda, Greece, Norway, United Kingdom, China, Japan, Malaysia, South Korea, Qatar (Actual Period: 2014-2018, Forecast Period: 2019-2024)
    Global LNG Carrier Containment Market (Value) - Size, Growth, Forecast
    Analysis By Carrier Type - Moss Type, Membrane Type
    By Propulsion Type - Steam Reheat, ME-GI, DFDE, SSD, Steam, TFDE, XDF, Others

Global LNG Carrier Containment Market is projected to display growth represented by a CAGR of over 2.30% during 2019 - 2024

Retrieved on: 
Wednesday, April 17, 2019

The Global LNG Carrier Containment market has been analysed By Carrier Type (Moss Type, Membrane Type), By Propulsion Type(Steam Reheat, ME-GI, DFDE, SSD Steam, TFDE, XDF, Others), By Capacity (30,000-124,999cm, 125,000-149,999cm, 150,000-180,000cm, >180,000cm).

Key Points: 
  • The Global LNG Carrier Containment market has been analysed By Carrier Type (Moss Type, Membrane Type), By Propulsion Type(Steam Reheat, ME-GI, DFDE, SSD Steam, TFDE, XDF, Others), By Capacity (30,000-124,999cm, 125,000-149,999cm, 150,000-180,000cm, >180,000cm).
  • Asia Pacific LNG Carrier Containment market is projected to display growth represented by a CAGR of over 2.30% during 2019 2024, primarily driven by growing economy and establishment of manufacturing facilities as well as surging government regulations for the use of cleaner fuel.
  • Market of LNG Carrier Containment is driven by rapid price reductions and growing customer demands for increased functionality.
  • Global LNG Carrier Containment Market (Actual Period: 2014-2018, Forecast Period: 2019-2024)
    Global LNG Carrier Containment Market (Value) Size, Growth, Forecast
    Analysis By Carrier Type Moss Type, Membrane Type
    By Propulsion Type Steam Reheat, ME-GI, DFDE, SSD, Steam, TFDE, XDF, Others
    Global LNG Carrier Containment Market (Value) Size, Growth, Forecast
    Analysis By Carrier Type Moss Type, Membrane Type
    By Propulsion Type Steam Reheat, ME-GI, DFDE, SSD, Steam, TFDE, XDF, Others
    Country Analysis - United States, Bermuda, Greece, Norway, United Kingdom, China, Japan, Malaysia, South Korea, Qatar (Actual Period: 2014-2018, Forecast Period: 2019-2024)
    Global LNG Carrier Containment Market (Value) Size, Growth, Forecast
    Analysis By Carrier Type Moss Type, Membrane Type
    By Propulsion Type Steam Reheat, ME-GI, DFDE, SSD, Steam, TFDE, XDF, Others

Global LNG Carrier Containment Market Report 2019

Retrieved on: 
Tuesday, April 16, 2019

Global LNG Carrier Containment Market: An Analysis

Key Points: 
  • Global LNG Carrier Containment Market: An Analysis
    8.7 Global LNG Carrier Containment Market: By Carrier Type (Moss Type, Membrane Type), By Value (2014-2024)
    8.7.1 Global LNG Carrier Containment Market: By Carrier Type Market Share(%) (Year 2018 & 2024)
    8.7.2 Market Opportunities of Global LNG Carrier Containment Market: By Carrier Type
    8.8 Global LNG Carrier Containment Market: By Propulsion Type (Steam Reheat, MEGI, DFDE, SSD, TFDE, Steam, XDF, Others), By Value (2014-2024)
    8.8.1 Global LNG Carrier Containment Market: By Propulsion Type Market Share (%) (Year 2018 & 2024)
    8.8.2 Market Opportunities of Global LNG Carrier Containment Market: By Propulsion Type
    8.9 Global LNG Carrier Containment Market: By Capacity(30,000-124,999cm, 125,000-149,999cm, 150,000-180,000cm, >180,000cm), By Value (2014-2024)
    8.9.1 Global LNG Carrier Containment Market: By Capacity Market Share (%) (Year 2018 & 2024)
    8.9.2 Market Opportunities of Global LNG Carrier Containment Market: By Capacity
    8.10 Global LNG Carrier Containment Market: By Regional Analysis
    8.10.1 Global LNG Carrier Containment Market: By Regional Market Share (%) (Year 2018 & 2024)
    9.
  • Americas LNG Carrier Containment Market: An Analysis
    10.
  • Europe LNG Carrier Containment Market: An Analysis
    11.
  • Asia Pacific LNG Carrier Containment Market: An Analysis

Oil & Gas IQ Says it is 'Imprudent' to Overlook LNG for Emissions Reduction Over the Next Decade

Retrieved on: 
Friday, October 26, 2018

Oil & Gas IQ put forward that these 2020 compatible fuels are unlikely to be a feasible option to meet targets beyond the emissions deadline and argued that alternatives such as fuel oil and marine gas oil also aren't a sensible choice as they have higher levels of emissions than LNG.

Key Points: 
  • Oil & Gas IQ put forward that these 2020 compatible fuels are unlikely to be a feasible option to meet targets beyond the emissions deadline and argued that alternatives such as fuel oil and marine gas oil also aren't a sensible choice as they have higher levels of emissions than LNG.
  • LNG adoption provides a practical solution for meeting the 2020 IMO sulphur cap, as its CO2 emissions are approximately 25% lower than fuel oil and marine gas oil.
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  • Their content library includesoil and gas articles,oil and gas podcast interviews,oil and gas videos,oil and gas forums,oil and gas blogs and columns, white papers focused on gas andoil researchas well as a comprehensiveoil glossary.

Government of Canada welcomes largest private sector investment project in Canadian history

Retrieved on: 
Tuesday, October 2, 2018

The Prime Minister, Justin Trudeau, today welcomed LNG Canada's decision to build a major liquefied natural gas (LNG) project in Kitimat, British Columbia.

Key Points: 
  • The Prime Minister, Justin Trudeau, today welcomed LNG Canada's decision to build a major liquefied natural gas (LNG) project in Kitimat, British Columbia.
  • The $40-billion project represents the largest private sector investment project in the history of the country, which will:
    Create 10,000 jobs at the height of construction;
    Lead to billions of dollars in direct government revenues; and
    Include hundreds of millions of dollars in construction contracts for Indigenous businesses.
  • "Today's announcement by LNG Canada represents the single largest private sector investment project in Canadian history.
  • Globally, Canada is the fourth largest producer and fifth largest exporter of natural gas.

Global Floating LNG Power Vessel Market to 2023 - High Operating Cost Associated With Transportation, Logistics, & Accessibility Issues Restraining Market Growth

Retrieved on: 
Thursday, September 27, 2018

The report segments the floating LNG power vessel market, by vessel type, into power barge and power ship.

Key Points: 
  • The report segments the floating LNG power vessel market, by vessel type, into power barge and power ship.
  • The floating LNG power vessel market, by component, is segmented into the power generation system and power distribution system.
  • The power generation system segment is expected to dominate the floating LNG power vessel market by 2023.
  • The Asia Pacific market is estimated to be the largest floating LNG power vessel market from 2018 to 2023.

IGU Releases 2018 World LNG Report - Highlighting Growth of LNG in Addressing Global Energy Needs

Retrieved on: 
Thursday, June 28, 2018

In 2017, unlike 2016, increases in world trade occurred without new major entrants to the global LNG market.

Key Points: 
  • In 2017, unlike 2016, increases in world trade occurred without new major entrants to the global LNG market.
  • Increasing demand in 2017 also contributed to strong growth in global LNG trade, as LNG establishes itself as the fuel of choice in markets across the world.
  • The World LNG Report, a flagship publication of IGU first published in 2010, provides key insights into LNG industry developments through the end of calendar year 2017.
  • While the Report's focus remains, as in years past, upon recent historical data on world LNG activity, the Report also provides key insights on issues addressing world LNG activity going forward.