Seaspan signs LNG framework agreement with COSCO SHIPPING Energy
Published by David Rowlands,
Editor
LNG Industry,
COSCO SHIPPING Energy specialises in LNG, oil products, and other energy transportation under China COSCO Shipping Corp. Ltd, and has the largest LNG fleet in China.
Pursuant to the agreement, Seaspan claims that both parties are committed to strengthening their exchange of and collaboration on opportunities relating to LNG investments, LNG projects, LNG transportation, ethane transportation, or other related and mutually beneficial projects. According to the statement, the strategic partnership will leverage both companies’ strengths and networks, taking advantage of COSCO SHIPPING Energy’s experience in the construction, operation and management of LNG vessels, and Seaspan’s global experience in the operation and management of containerships, as well as the networks and experience of its board members in the energy sector.
Bing Chen, Seaspan’s President and Chief Executive Officer, said: “Seaspan has long standing integrated services with COSCO Shipping in container shipping, and we are proud to carry this partnership forward to opportunities in LNG. We are confident that the combined strengths of both companies will generate significant value in the future.”
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/09042019/seaspan-signs-lng-framework-agreement-with-cosco-shipping-energy/
You might also like
EIA: US natural gas trade will continue to grow with the start-up of new LNG export projects
The U.S. Energy Information Administration’s recently released Short-Term Energy Outlook forecasts that US LNG exports will continue to lead growth in US natural gas trade as three LNG export projects currently under construction start operations and ramp up to full production by the end of 2025.