LNG Carrier companies

  • Report ID: 3825
  • Published Date: Aug 22, 2025
  • Report Format: PDF, PPT

Key LNG Carrier Market Players:

    South Korean and Chinese manufacturers presently dominate the LNG carrier market, with Hyundai Heavy Industries, Samsung Heavy Industries, and Daewoo Shipbuilding leveraging superior shipbuilding capacity and integrated gas containment technologies. European shipbuilders, including Meyer Werft and Fincantieri, compete in specialized segments concentrated on innovation and modular design in ships. Strategic moves by major players include enhanced investment in dual-fuel propulsion systems, digital twin implementation, and fleet decarbonization. US, Indian, and Malaysian shipbuilders are also increasingly winning contracts regionally with government backing and partnerships with energy-evolving majors. Global builders are also focusing on R&D partnerships and expanded capacity to meet the increased demand for LNG transport.

    Some of the key players operating in the LNG carrier market are listed below:

    • Hyundai Heavy Industries Co., Ltd.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Samsung Heavy Industries Co., Ltd.
    • Daewoo Shipbuilding & Marine Engineering
    • China State Shipbuilding Corporation (CSSC)
    • Hudong-Zhonghua Shipbuilding Group
    • Meyer Werft GmbH & Co. KG
    • Fincantieri S.p.A.
    • Austal Limited
    • Keppel Offshore & Marine Ltd
    • Cochin Shipyard Limited
    • Malaysia Marine and Heavy Engineering Bhd
    • General Dynamics NASSCO
    • Philly Shipyard ASA
    • Chantiers de l'Atlantique
    • Vard Group AS

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

LNG Carrier Market in 2026 is estimated at USD 17.4 billion.

The global market size was more than USD 16.3 billion in 2025 and is anticipated to grow at a CAGR of over 6.4%, reaching USD 30.2 billion revenue by 2035.

By 2035, the Asia Pacific LNG carrier market is expected to hold 34.6% of the market share due to LNG imports increasing, supportive policies, and transitioning away from traditional sources of energy to more decarbonized sources of energy.

The major players in the market include Gaztransport & Technigaz S.A., Mitsui O.S.K. Lines, Ltd., Hudong–Zhonghua Shipbuilding Corporation, Teekay Lng Partners, L.P., Kawasaki Heavy Industries Ltd., Dynagas LNG Partners LP., GasLog Ltd., BW Group, MISC Group, Nippon Yusen Kabushiki Kaisha.
Inquiry Before Buying Request Free Sample PDF
footer-bottom-logos