LNG chain and Ship propulsion

Energy flows from LNG chain to ship propulsion; their prices have moved together.

LNG chain (energy) and Ship propulsion (energy): 2 relationships.

How they are linked

1. Energy flow

Physical flow · Direct · LNG chain → Ship propulsion

LNG-fuelled ships burn it directly.

2. Price link: fuel and cargo

Cost and price · Weak · Both ways

LNG carriers are among the costliest merchant ships, and LNG is a growing marine fuel. The LNG import price shows no clear link with the shipbuilding proxy, as US yards build few gas carriers.

• -0.06 monthly change correlation
• 0.23 12-month change correlation
• 0.14 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.