Hanwha wins its first US naval ship order: Korean shipbuilding enters the US market—can shipbuilding stocks be bought now? — Eom Kyung-ah, Shinyoung Securities research fellow

An independent exercise, not a statement by the video creator or verification of every claim in the video.

The same LNG export volume can require different fleet sizes

Hypothetically assume annual cargo of 1.2 million tonnes, payload of 60,000 tonnes and 300 available operating days. With a round trip including port work of 30 days, each ship makes 10 voyages and carries 600,000 tonnes, requiring 2 ships. A 60-day cycle permits 5 voyages and 300,000 tonnes per ship, requiring 4 ships for the same cargo. Required fleet capacity is not the same as newbuilding orders. If 2 suitable ships are already available, the first case requires no additions and the second requires 2 additional deployments, which could still be met by chartering or redeployment.

Check for yourself

1. Are export volume, actual payload, port waiting and round-trip distance measured over a consistent period?
2. Will additional capacity come from newbuilding, existing-vessel redeployment or charters?

Limits of application

This hypothetical model is not a forecast for an actual LNG project or shipowner. It fixes annual cargo and available days, excluding partial loads, boil-off, variable maintenance, slow steaming, canal restrictions and demand changes. It does not directly apply to increased domestic gas consumption.