Image Credit : CIMC SOE : Visual for illustration purpose
1 minute read

CIMC SOE wins order for 2+2 LPG/ammonia carriers

Chinese shipbuilder Nantong CIMC Sinopacific Offshore & Engineering (CIMC SOE) has received an order for two plus two 40,000 cbm liquefied petroleum gas (LPG)/ammonia carriers.  

The vessels are expected to be delivered to an unnamed ‘European shipowner’ in 2028, the Chinese builder said announcing the four-ship order on March 20.

Although CIMC SOE did not disclose the shipowner behind the new order, data provided by VesselsValue shows that the company in question is Greece-based Capital Gas. In mid-March, the Greek company contracted the shipyard for two firm and two optional 40,000 cbm LPG/ammonia carriers. Each ship in this en-block transaction is valued at $66 million.

According to CIMC SOE, the ship type ordered this time is the same as the four 40,000 cbm LPG/ammonia carriers being built by the Chinese shipbuilder.

The four mid-sized units, slated for delivery in 2025 and 2026, were ordered by Norwegian shipping company Avance Gas last year.

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