Use of liquified natural gas (LNG) spans into a spectrum of industries including power generation and mining. The sheer size and buying capacity of these industries makes LNG a highly sought-after gas across a range of sectors, industries, and applications. The aforementioned trend has played a crucial role in propelling sales across the global LNG carrier market. The growing fleet of vessels used across the marine industry has given an impetus to the popularity of LNG carriers. Furthermore, LNG carriers are high-value vessels that are endowed with advanced features and specialized technologies. The enormous size of an LNG carrier makes them much more resilient and navigable across oceans. Over the course of the next decade, the demand for LNG carriers shall increase at a formidable pace.
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