CSSC-affiliated Hudong-Zhonghua Shipbuilding has been awarded a contract by Japanese shipping giant Mitsui OSK Lines (MOL) to build six 174,000 cubic metres liquefied natural gas (LNG) carriers as reported by NewsFallOut.
Shipbuilding contract
The greatest one-time order for the Shanghai-based backyard is price CNY7.5bn (around $1.18bn) and follows this week’s shipbuilding contract with CSSC Leasing for an unmarried 174,000 cu m unit.
The deal is available in partnership with Shanghai-headquartered Cosco Shipping LNG. The industry unit of Cosco Shipping Energy Transportation will hang a 25% passion in each and every vessel.
The ships will ship in 2025 and move on a constitution with CNOOC Gas & Power Group, an entirely owned subsidiary of China National Offshore Oil Corporation (CNOOC), which lately inked its first US LNG supply deal with Venture Global LNG.
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Source: NewsFallOut
