Greater China
CLNG to bid on Yamal LNG transport project
Shanghai: China Merchants Energy Shipping (CMES) has announced that the board has approved China LNG Shipping Holdings (CLNG), the joint venture CMES established with Dalian Ocean Shipping (Cosco Dalian), to participate in bidding for the Yamal LNG transport project.
Meanwhile, the board has decided to replenish $50m in its subsidiary China Merchants Energy Union (BVI). [26/12/13]