Hong Kong shipowner Wah Kwong Maritime Transport and its joint venture partners China Gas Holdings and Hong Kong’s CSSC Shipping are set to expand their orderbook for LNG carrier newbuilds in China.
MB Shipbrokers, formerly Maersk Broker, reports a new order for a pair of 175,000 cu m units is anticipated at state-run Dalian Shipbuilding Industry Co (DSIC) during next month.
Last year, the trio signed up for two firm and two optional ships at DSIC, with delivery expected in 2027.
The first two units have been fixed for 20 years to Gas Hongda Energy Trading, a subsidiary of China Gas, at a daily rate of between $80,000 and $100,000.
China Gas holds a 30% stake in the jv called Sea Jade Investment, with CSSC Shipping, the leasing arm of state-owned China State Shipbuilding Corporation, owning 25%, while the remainder is with Vantage, a division of Wah Kwong Maritime.
