CMES says to order two more LNG carriers at DSIC

China Merchants Energy Shipping (CMES), a unit of China Merchants Group, said it would order two more 175,000-cbm LNG tankers from China’s Dalian Shipbuilding Industry (DSIC).

According to a statement by CMES, the company’s board approved the construction of two LNG carriers with a capacity of 175,000 cbm, authorizing the management to sign the shipbuilding deals with DSIC.

CMES said each of the LNG carriers is worth about $235 million.

The firm did not provide any additional information.

Earlier this year, CMES placed an order for two dual-fuel LNG carriers with GTT’s Mark III Flex membrane containment system for $380 million, DSIC’s first order for large LNG carriers.

After that, the firm exercised an option for two more LNG carriers worth $400 million, boosting the total to four vessels.

Three out of four of these LNG carriers will go on charter to Sinochem as CMES signed LNG carrier charter deals in August with Sinochem worth up to $2.5 billion.

CMES and DSIC also signed a letter of intent for the construction of 2+2 175,000-cbm LNG carriers and this new order is most likely related to that.

DSIC would deliver two of these LNG carriers in or before the second half of 2026, and the two optional ships in the second half of 2026 and the first quarter of 2027, CMES previously said.

This new order brings the total to six confirmed LNG carriers and two options.

Besides these orders by CMES, shipbuilding sources told LNG Prime that Greece’s Dynagas is also looking to order LNG carriers at DSIC.

Dynagas, together with CSSC’s financial leasing unit, CSSC Shipping, is planning a 3 + 3 order for LNG carriers with a capacity of 200,000 cbm, according to the sources.

Most Popular

Monkey Island LNG selects ConocoPhillips’ liquefaction tech

Monkey Island LNG has selected ConocoPhillips’ optimized cascade process liquefaction technology for its planned 26 mtpa liquefaction and export facility in Cameron Parish, Louisiana.

Italy’s Adriatic LNG to resume full ops by mid-September

Italy’s Adriatic LNG import terminal, owned by VTTI and Snam, expects to resume full operations by the middle of this month following the completion of maintenance activities.

Gasgrid says seven Inkoo regas slots booked

Firms have booked seven regasification slots at the Inkoo FSRU-based terminal for 2026 following the completion of the annual allocation procedure, according to Finland’s gas system and LNG terminal operator Gasgrid.

More News Like This

China’s DSOC scores LNG bunkering vessel order

China's Dalian Shipbuilding Offshore (DSOC) has secured an order from compatriot China Bunker to build one large LNG bunkering vessel.

DSIC launches new CMES LNG carrier

China’s Dalian Shipbuilding Industry (DSIC) has floated out the seventh LNG carrier for compatriot China Merchants Energy Shipping (CMES), a unit of China Merchants Group.

DSIC: first CMES LNG carrier wraps up trials

The 175,000-cbm LNG carrier, Sea Spirit, owned by China Merchants Energy Shipping (CMES), a unit of China Merchants Group, has completed its sea and gas trials, according to China’s Dalian Shipbuilding Industry (DSIC).

DSIC delivers new LNG-fueled containership to MSC

China’s Dalian Shipbuilding Industry (DSIC) has delivered another LNG dual-fuel containership to Switzerland-based shipping giant MSC.