On October 18, the data provided by VesselsValue to Time Finance showed that the spot charter cost of LNG ships had exceeded 400000 dollars/day, reaching 405200 dollars/day. A month ago, the index was only 124000 dollars per day, which soared by more than 300% in a month. Some insiders said to Time Finance that "LNG freight is really flying".With the outbreak of the Russian Ukrainian conflict, Europe accelerated the "replenishment" globally to replace the imported natural gas from Russia, which made the freight of LNG ships, a means of marine transportation of natural gas, soar in short supply. The shortage of supply has also ushered in a good year for the LNG ship new shipbuilding market. The VesselsValue data shows that the global LNG ship order value has risen quarter by quarter since the first quarter of 2021, and the global LNG ship order value in that year reached 17.53 billion dollars; In 2022, the global LNG unit ship order value in the first three quarters alone will reach US $28.706 billion, more than US $10 billion compared with last year.LNG ship is internationally recognized as a ship with high added value and high technology content, and is often praised as the pearl in the crown of shipbuilding industry. In the international shipbuilding industry competition, LNG ships are also considered as the symbol of high-end ship type market competitiveness. In the past five years, China's shipbuilding industry   has made gratifying progress in this field. A boss of natural gas liquefaction plant  from China is very concerned about the change of international LNG freight. Because their LNG equipment is being transported to Europe. According to VesselsValue data, in 2018, Chinese shipyards won 10 orders for LNG ships, with a total order value of US $563 million. However, since they were all small and medium-sized LNG ships at that time, the average single ship value was only US $56 million. In 2022, only in the first September, Chinese shipyards have obtained 32 orders, with a total order price of 5.966 billion, and the total order value has increased 10 times in less than five years. Moreover, China now has the ability to build large LNG ships, with the average value of a single ship rising to 186 million US dollars, more than three times that of 2018. This progress has not come easily. Japan, once a shipbuilding power, has almost withdrawn from the LNG ship competition in the past five years. VesselsValue data shows that since 2018, Japan has only received two orders with a total value of 82 million dollars. However, it should be noted that in the field of LNG ship manufacturing, South Korea, as a pioneer, has accounted for more than 90% of the world market share for a long time. In 2022, this situation will change. In the first three quarters of 2022, in terms of order value, China's LNG ship order value accounts for 20% of the world's share, the highest proportion in the past five years.   Contact: Sichuan Rongteng Automation Equipment Co., Ltd. Phone/WhatsApp/Wechat : +86 177 8117 4421  +86 138 8076 0589 Website: www.rtgastreat.com     Email: info@rtgastreat.com Address:No. 8, Section 2 of Tengfei Road, Shigao Subdistrict,Tianfu New Area, Meishan city, Sichuan China 620564 .