Chinese shipowner COSCO and energy firm CNPC could later this year order additional LNG vessels at compatriot shipbuilder Hudong-Zhonghua.
Hudong is already building three 174,000 cbm vessels for the partners scheduled for delivery in 2022-2023. This represents the first LNG transportation project developed solely by Chinese companies including COSCO Shipping Energy Transportation, CNPC, and CSSC.
The first three vessels are part of a deal revealed in April 2020 and signed in June, which also included options for three additional ships. Shipbuilding sources tell LNG Prime that COSCO and CNPC are looking to exercise options for the additional vessels later this year. The ships would cost about $185 million, each, same as the first three LNG carriers, the sources said. In addition, they would also feature WinGD X-DF dual-fuel engines and GTT’s NO96 L03+ containment system.