China reaps profits from record LNG tanker orders – Reuters ...News

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China reaps profits from record LNG tanker orders – Reuters
The country’s shipyards reportedly secured 30% of all new commissions this year China’s shipyards secured nearly $10 billion worth of orders for the construction of liquefied natural gas (LNG) carriers this year, Reuters reported on Monday, citing figures from shipping data provider Clarksons Research. According to the report, Chinese LNG tanker contracts have tripled so far this year to 45 orders, for a total of 66 vessels as of late November. This brings China’s share to 30% of global LNG carrier-building contracts against only 9% last year. The bookings are worth an estimated $9.8 billion, which is around one f

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