Office Address
123/A, Miranda City Likaoli Prikano, Dope
Phone Number
+0989 7876 9865 9
+(090) 8765 86543 85
Email Address
info@example.com
example.mail@hum.com
123/A, Miranda City Likaoli Prikano, Dope
+0989 7876 9865 9
+(090) 8765 86543 85
info@example.com
example.mail@hum.com
The listed oil and gas shipping arm of COSCO
Shipping Group will invest RMB5.748bn ($795m) in 307,000 dwt units via its
subsidiary Hainan Energy.
COSCO’s energy
shipping arm sports a fleet of over 150 crude and product tankers and has
stakes in some 70 LNG carriers. In September, the company also signed up for
two 175,000 cu m LNG vessels at DSIC worth around $254.6m each. Estimated
delivery dates for the VLCC series costing about $132.5m apiece have not been
disclosed.
COSCO Shipping has made several newbuilding
headlines in various segments this year. Early in 2024, six tankers were booked at COSCO
Shipping Heavy Industry, which was followed by a dozen 14,000 teu
containerships, eight newcastlemax bulk carriers, and the company’s largest
shipbuilding order for 42 bulker newbuilds worth more than $2bn in aggregate.
