# LNG chain and Ship propulsion

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

Source page: https://www.materialinsights.org/links/lng-chain-and-ship-propulsion/

[LNG chain](https://www.materialinsights.org/energy/e_lng/) (energy) and [Ship propulsion](https://www.materialinsights.org/energy/e_marine/) (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.