China orders five LNG-powered containerships

Published by David Rowlands, Editor
LNG Industry, Tuesday, 26 March 2019 10:30

According to Reuters, CMA CGM has announced that China State Shipbuilding Corp. has ordered 10 new vessels, with five to be powered by LNG, and the other five to be fitted with scrubbers instead.

Reuters reports that the €1.2 billion contract was signed during a state visit to France by Chinese President Xi Jinping.

Under the terms of the deal, each containership will have a capacity to handle 15 000 TEUs. They will reportedly be delivered from 2021 onwards, and will be used to service the lines between Asia and the Mediterranean.

Read the article online at: https://www.lngindustry.com/lng-shipping/26032019/china-orders-five-lng-powered-containerships/

PNG LNG project finance facility repaid in full

Wednesday 17 December 2025 15:00

Santos has announced that the PNG LNG joint venture has accelerated the final repayment under the PNG LNG project finance facility, bringing the facility to a close.

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