line in 2015, 2016, etc. Growth will be explosive (pardon the pun) for Shipping stocks during the next 5 years beginning THIS YEAR! Nat Gas is the Global Energy Fuel for the decades to come. Japan, Korea, China, UK, and Western Europe will take all that can be delivered
GLNG & TPG are obvios bets, but how about others?
Her's one prospect: HOEGH LNG HOLDINGS.
Further on growth in lng from Japan. One can notice in the last 2 weeks or so some major Japanese investment in nat gas joint ventures first with eca and then now with tlm to develop more nat gas. Some of this no doubt is for lng supply. Smart move on the part of Japan while north american nat gas is too cheap. One has to suspect the increases in lng shipments to japan will continue further. jmho
No doubt a lot of the growth potential has been factored into the stock already. Having said that i am pretty sure the amount of nat gas traded as lng while expected to grow is probably under-estimated. I am thinking the disaster in Japan nuclear and the follow up by countires like Germany and Japan to move away from nuclear is going to boost lng even more than expected. Now pipeline nat gas in Europe might not be as reliable or have the capacity, as one hears in news reports during very cold weather. I can see lng as a back up for either pipeline disruption or lack of pipeline capacity in cold periods. So perhaps glng is going to have some correction now and then but long term trend still looks good.
If one listened to the CC, you would have heard that some cargoes have been pushed into the future because inventories in the Far East are substantial and I am thinking most of sll the good news about new builds and new contracts has been factored in already.
I intended to buy CBI last summer and forgot about it when my order wasn't taken up...it's doubled since..Good call Jane!
I bought GTLS and have done fine..but it hasn't doubled. Terminal construction will be very active over the next 4 years and I'm looking at Fluor, Jacobs, etc.
but HOEGH LNG looks like a new stock this year (from a very old Company) and looks interesting at $10/share.