China Merchants Energy Shipping (CMES) has landed a long-term charter agreement with Sinochem Petroleum Shipping Singapore, a subsidiary of Sinochem Energy, for three of its liquified natural gas (LNG) carrier newbuilds.
The Shanghai-listed energy transport unit of China Merchants Group said the deal involves the 175,000 cu m trio built by Dalian Shipbuilding Industry Corporation (DSIC).
The charters, expected to total up to $2.5bn, should commence in the second half of 2025 and last up to 30 years.
Recent Posts
Power & Propulsion Technology
Alfa Laval and Wallenius to form joint venture AlfaWall Oceanbird for wind-powered vessel propulsion
Power & Propulsion
Mitsui E&S, TGE Marine Open Dialogue with DG Shipping on Engine and Gas Systems Collaboration
Bunkering Methanol
UK’s first commercial biomethanol bunkering service launched at Port of Immingham