GasGreater China

China Merchants in for more Dalian LNG carriers

China Merchants Energy Shipping (CMES) has returned to Dalian Shipbuilding Industry (DSIC) for more liquefied natural gas (LNG) carriers.

China Merchants Group’s Shanghai-listed energy transport unit has approved the construction of two additional 175,000 cu m ships worth approximately $470m.

CMES will, following this order, have ten units under construction at DSIC, with an option for two more, according to the letter of intent (LOI) inked in September when the company exercised an option to build a pair of LNG ships for $400m.

The LOI envisioned two firm vessels for delivery in or before the second half of 2026, while the optional ships would arrive in the second half of 2026 and the first quarter of 2027.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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