“The LNG market is set to rapidly grow” is a lie. Economies are shifting away from fossil fuels, and i guess by 2040 no metric ton of fossil fuels will be transported anymore.
This is a waste of money. They just want to get rid of their end-of-use LNG tankers. So they are looking for idiots to buy them.
For anyone seriously considering this: how the fuck did you end up with that kind of money in your early twenties? Either you’re business savvy in which case you won’t consider this or daddy’s rich in which case you should talk to your dad first.
Considering the value of the cargo, if you had that type of money to throw around, you could probably make a pretty profit. Fully loaded one of these tankers holds between $100,000,000 to $200,000,000 of LNG.
Assuming a modest 3% profit margin, though I suspect that you could achieve 5% easily, you’d pay back the ship with 4 full shipments. Since at 3% you’d have 6 million in profit per trip.
by 2040 no metric ton of fossil fuels will be transported anymore
I seriously doubt it. Many countries are decarbonising like the UK has by getting rid of coal fired power stations and switching to renewables plus gas, because gas is a good way to solve the intermittency issues you get with many renewables. 2040 is not very far away, on that timescale the demand for LNG may actually go up.
Economies are shifting away from fossil fuels, and i guess by 2040 no metric ton of fossil fuels will be transported anymore.
We’ve got far too much legacy infrastructure and far too little public investment to ditch the vast number of small, cheap, highly lucrative LNG electricity plants scattered through North America and Western Europe.
And with energy demand continuously outpacing supply in the near future, even the green power we do build will be absorbed by the electricity ravenous date centers we’re constructing.
For anyone seriously considering this: don’t.
“The LNG market is set to rapidly grow” is a lie. Economies are shifting away from fossil fuels, and i guess by 2040 no metric ton of fossil fuels will be transported anymore.
This is a waste of money. They just want to get rid of their end-of-use LNG tankers. So they are looking for idiots to buy them.
Pfft idk, seems like maybe you just want to buy up all the tankers for yourself.
no no, in fact i can sell you mine, too, if you want to, for a meager $24 million. same model as in the picture
$18,500,350 and you got yourself a deal!
Too late, already bought 5
Wow, you must be loaded. My bank only allowed me to take out a loan for 3.
Use them as an insurance for borrowing for 2 more!
For anyone seriously considering this: how the fuck did you end up with that kind of money in your early twenties? Either you’re business savvy in which case you won’t consider this or daddy’s rich in which case you should talk to your dad first.
You get a small loan of 20 million dollars from your
patents, parents obviouslyI’ll assume you mean parents because you’d have to be one heck of an inventor
Yeah, but preferably both
or find the right sucker
Considering the value of the cargo, if you had that type of money to throw around, you could probably make a pretty profit. Fully loaded one of these tankers holds between $100,000,000 to $200,000,000 of LNG.
Assuming a modest 3% profit margin, though I suspect that you could achieve 5% easily, you’d pay back the ship with 4 full shipments. Since at 3% you’d have 6 million in profit per trip.
I seriously doubt it. Many countries are decarbonising like the UK has by getting rid of coal fired power stations and switching to renewables plus gas, because gas is a good way to solve the intermittency issues you get with many renewables. 2040 is not very far away, on that timescale the demand for LNG may actually go up.
Meantime in the real world:
https://www.reuters.com/business/energy/eu-may-consider-replacing-russian-lng-imports-with-those-us-von-der-leyen-says-2024-11-08/
Could LNG tankers be retrofit to move Hydrogen? I could see some potential there.
We’ve got far too much legacy infrastructure and far too little public investment to ditch the vast number of small, cheap, highly lucrative LNG electricity plants scattered through North America and Western Europe.
And with energy demand continuously outpacing supply in the near future, even the green power we do build will be absorbed by the electricity ravenous date centers we’re constructing.
Me when I spread misinformation online!
I dunno about that. Based on this US data, its use seems to be expanding, even more so than renewables: https://www.eia.gov/energyexplained/us-energy-facts/
This graph in particular shows this: