18 Jul 2023by Craig Jallal
Leading Chinese LNG carrier shipyard Hudong-Zhonghua is reported to have won an order for two 174,000-m3 units from a Chinese owner at a new high of US$245M
United Liquefied Gas Shipping, a joint venture majority owned by Cosco Shipping Energy and Petro China, is reported to have agreed a price of US$245M each for a pair of 174,000-m3 LNG carriers to be constructed at Hudong-Zhonghua shipyard, according to a report in BRL Weekly Newbuild Newsletter.
This is believed to be the highest price agreed by a Chinese owner for large LNG carriers at a Chinese shipyard, and possibly marks a new escalation in prices.
Clarksons Research Services lists the price of 174,000-m3 LNG carriers newbuilding contracts at US$261M and reported NYK had ordered two 174,000-m3 LNG carriers are Hyundai Samho for US$261M each.
In other news, Danish owner Celsius continues to expand its fleet toward a stated aim of 20 gas carriers (LPG and LNG) with another four 180,000-m3 LNG carriers ordered from China Merchants Heavy Industry at US$235M each.
