COSCO Shipping Energy orders four LNG carriers from Jiangnan Shipyard for RMB 6.45 billion
PUBT·06/02/2026 14:26:18
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- COSCO Shipping Energy Transportation signed four shipbuilding contracts on June 2, 2026, ordering four LNG carriers from Jiangnan Shipyard.
- Aggregate investment set at about RMB 6.45 billion; about RMB 1.61 billion per vessel.
- Payments split into five installments: 10%, 10%, 10%, 10%, 60%, with final tranche subject to adjustments tied to delivery or performance.
- Funding planned at about 70% external financing; about 30% internal resources.
- Deliveries expected between 2029 and 2030; each vessel to have at least 175,000 cubic meters cargo capacity.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. COSCO Shipping Energy Transportation Co. Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260602-12185375), on June 02, 2026, and is solely responsible for the information contained therein.
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