LNG - Ships, Engines, Equipment

[Carcosa]

Given current energy issues I have been unsuccessfully trying to find UK (or US) listed companies that are primarily associated with ship transportation of LNG (Liquid Natural Gas).

Appears shipyards in Middle East and Korea already have 2-5 years worth of backlogs to build new LNG ships (which take 2-3 years). Are there any others out there that are in this line of business?

Equipment suppliers to these ships e.g.engines, pumps, specialised detection/safety/containment equipment. Who are they? Again am only interested in companies that are closely associated with LNG industry and not a generalised supplier. Ideally with a market cap of £50 - £500m

Can anyone offer some ideas/guidance?

[BullDog]

Ship builders, look at Korean companies like Samsung Heavy Industries and Hyundai Heavy industries and maybe Doosan. As far as I know, competitor Chinese ship yards are not investable?

Engines maybe look at Wartsila.

Whether it is possible to invest in any of those companies I have no idea.

LNG carriers are usually owned by large charter companies, again whether it's possible to invest I have no idea.

[Sorcery]

The market in shares of shipping is seriously mental at the moment.
Maersk, one the largestshipping companies in the world is on a PE of 1.53 with a 13.85% dividend yield.
Another, ZIM (Israeli company but listed on the NYSE) is on a PE of 0.66 and a crazy dividend yield of 79%. I have owned some for over a year. The dividend attracts an Israeli with-holding tax iof 25% which might be offsetable against UK taxes. It is certainly involved with LNG transport and has very recently announced a large-scale long-term LNG Bunkering agreement with Shell. https://finance.yahoo.com/quote/ZIM?p=ZIM

Crazy times. If it was not for the fact that Maersk is in a very similar position, I would never have invested, assuming it was some kind of ponzi scheme. The SP has been declining since March with no turnround in sight. There seem to some very big sellers out there. I have to keep reminding myself that the the SP doesn't matter, its all about the dividends, which will comfortably pay off your purchase price every two years, at the moment.

[BullDog]

Just another thought. Not in LNG shipping but if interested in LNG equipment more generally then APCI are world leaders in LNG plant design and licensing. They are world leaders in LNG heat exchangers, without which there's no LNG plants. APCI are American and definitely investable, more commonly referred to as Air Products.

In Europe, Linde are likewise LNG equipment designers and licencors but they don't have the market share that APCI have.

LNG plant design and construction management, then KBR (America), JGC and Chiyoda (both Japanese) are investable. The other very big name is Bechtel but they're not investable.

LNG plant operations or trading obvious candidates are Shell, BP, Total, Chevron and ExxonMobil. ConocoPhillips are also plant licencors and operators. Recently demerged, Woodside are quite big in Australia often as a partner with other O&G majors on several LNG projects.

LNG plant major machinery vendors include Siemens, GE/Baker Hughes and Mitsubishi Heavy Industries.

LNG plant engineering services, Wood Group have a fair bit of business in the industry.