Tianjin Marine Pens LoI for Four LNG Carriers

Tianjin Marine Shipping, a subsidiary of Hainan Airlines Group (HNA Group), has signed a letter of intent with Dalian Shipbuilding Industry (DSIC) for the construction of four LNG carriers. The shipper has six months to confirm the order.

The order forms part of the company’s fleet expansion plan announced last year, which includes construction of ten VLCCs (Very Large Crude Carrier) and four LNG carriers.Within the framework of the plan, the company said that it would raise up to USD 1.96 billion to help finance the purchase of fourteen new vessels.

Under the contract, the prices for each vessel range between $200m-$230m. In terms of capacities, the carriers are said to feature from 160,000 cum to 175,000 cum.

World Maritime News, April 30, 2014, Image:iStock


Share this article

Follow World Maritime News

In Depth>


<< Apr 2019 >>
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >