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.
Tags: China, China Marchants, LNG, Shanghai, Sinochem
Recent Posts
Wärtsilä to Power USA’s First All-Electric High-Speed Ferries in San Francisco Bay
ABS and Pusan National University Chart a Course for Liquid Hydrogen Shipping
RIC Energy and Siemens Partner to Advance Green Hydrogen and E-Fuels Projects in Spain
Moeve to Supply 40,000 Tons of 2G Marine Biofuel to Grupo Armas Trasmediterránea in Canary Islands
Smart Green Shipping Completes Successful Sea Trials of Wind-Assisted Propulsion System
CMA CGM Unveils Vietnam’s First Fully Electric River Barge in Collaboration with NIKE
Vietnam and France Join Forces to Explore Green Hydrogen for Remote Islands
Port of Rotterdam Tests Electric Hydrofoil Vessel in Push for Sustainable Operations