Ships Fleeing The Red Sea Now Face Perilous African Weather
By Alex Longley and Paul Burkhardt (Bloomberg) –Ships sailing around the southern tip of Africa are wrestling with a bout of bad weather that has already run one vessel aground and...
Photo: Oleksandr Kalinichenko / Shutterstock
A consortium of Asia-based shipping companies has placed shipbuilding orders for five LNG carriers after securing a long-term charter contract QatarEnergy.
QatarEnergy, the state energy company of Qatar, is one of the world’s largest LNG producers.
The five LNG carriers will be constructed in China at Hudong-Zhonghua Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), and have tank capacity of 174,000 cubic meters. Delivery of the vessels are planned in 2025 and 2026.
The consortium is a joint venture made up of NYK, “K” Line, MISC Berhad, and China LNG Shipping (Holdings) Limited.
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