Τιμές πλοίων LNG - μεταβλητότητα βάσει γεωπολιτικών εξελίξεων - βραχυχρόνια αύξηση τιμών LNG πλοίων στην αγορά μεταχειρισμένων και εκτίμηση μελοντικής σταθερότητας της αγοράς

Παυλάτος, Ελευθέριος

Master Thesis

Author

Παυλάτος, Ελευθέριος

Date

2025-11

Abstract

This thesis examines Liquified Natural Gas (NG), the LNG market, and the pricing dynamics of second-hand LNG vessel carriers, along with their interrelation with geopolitical and politico-economic developments, through a six-stage analytical framework. The first stage outlines the composition and chemical properties of LNG, its natural formation processes, and its primary fields of application. This is followed by a historical overview of its evolution as an energy source, with particular emphasis on the development of liquefaction technology and its subsequent global diffusion, as well as an examination of major gas fields, extraction methodologies, and key geopolitical events that have shaped its commercial evolution. The second stage analyzes LNG liquefaction techniques and the main transportation methods via pipelines and LNG vessel carriers, which are classified according to cargo capacity (Med-max, Q- flex, Q-max, etc.). The third stage focuses on the principal determinants of the LNG market, including major producing, importing, and exporting nations. Furthermore focuses on the impacts of the COVID-19 pandemic and the Russia–Ukraine conflict, the role of LNG as a transitional fuel in the decarbonization of maritime transport, and the relevant regulatory framework (IMO 2050). The subsequent literature review underscores the strategic importance of LNG, market demand dynamics, and the implications for LNG vessel prices and freight rates, while also synthesizing studies that explore the links between geopolitical developments and the energy and shipping sectors. Finally, the research concludes that second-hand LNG vessel prices exhibit moderate to strong correlations with oil and LNG prices, with the regression model demonstrating satisfactory explanatory power.

Postgraduate Studies Programme

Ναυτιλία

Department

Σχολή Ναυτιλίας και Βιομηχανίας. Τμήμα Ναυτιλιακών Σπουδών

Number of pages

Language

Greek

URI

https://dione.lib.unipi.gr/xmlui/handle/unipi/18556

Collections

Τμήμα Ναυτιλιακών Σπουδών

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Except where otherwise noted, this item's license is described as
Αναφορά Δημιουργού-Μη Εμπορική Χρήση-Όχι Παράγωγα Έργα 3.0 Ελλάδα