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Sources told LNG Prime on Wednesday that both companies issued tenders inviting offers from yards.
Cosco Shipping is interested in booking seven LNG dual-fuel container vessels, each with a capacity of 12,000 teu, the sources said.
This is the first time Cosco Shipping has sought bids for LNG dual-fuel containerships.
On the other hand, PIL is looking to expand its fleet of LNG dual-fuel vessels further.
The shipping firm is interested in LNG dual-fuel vessels with a capacity of 13,000 teu, but the exact number of the vessels is currently not known.
No further details have been revealed.
PIL previously ordered LNG dual-vessels from China’s Yangzijiang Shipbuilding, Jiangnan, and Hudong-Zhonghua.
PIL recently took delivery of Kota Orkid, the fourth in a series of 8,200-teu LNG dual-fuel container vessels that the company ordered from Yangzijiang.
Kota Orkid is also PIL’s eighth LNG-powered vessel delivered to date.
Alongside the four ‘O’ Class vessels delivered this year, PIL has also received four 14,000-teu LNG dual-fuel vessels since 2024.
The company has another 12 LNG dual-fuel vessels on order, including five 13,000-teu and seven 9,000-teu ships, scheduled for delivery in the coming years.
DNV’s latest data shows that LNG-fuelled vessels continue to dominate new orders, accounting for 67 percent of all alternative-fuel orders in January-October this year, with 147 ships.
The classification society said the container segment now accounts for 65 percent of all new orders for alternative-fueled vessels in 2025.
DNV’s data shows that there are 217 LNG-powered containerships in operation, while LNG-powered containerships account for a big part of the orders with 375 units.