China’s Jiangnan Shipyard has signed a letter of intent with Greek LNG shipping firm GasLog to build two liquefied natural gas (LNG) carriers, according to shipbuilding sources.
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Greek LNG shipping firm GasLog said on Saturday that its 2013-built LNG carrier GasLog Shanghai was in "stable" condition following an incident in the Strait of Hormuz.
China's Cosco Shipping Energy Transportation, Cosco's shipping arm, has signed a shipbuilding deal with compatriot shipbuilder Jiangnan for four LNG carriers that will serve charter deals with a unit of UK-based LNG giant Shell.