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Greek LNG shipping player GasLog has been linked to up to four newbuildings at Jiangnan Shipyard.
The Peter Livanos-controlled company has reportedly signed a letter of intent with the Chinese yard covering two firm orders, with options for two additional vessels.
Shipbuilding sources estimate the price tag at $230m per ship, with deliveries expected in 2028.
GasLog currently operates a fleet of 22 LNG carriers, either wholly or partially owned, including vessels on bareboat charters. The company also has two ships on order at South Korea’s Hanwha Ocean, set for delivery this year.
GasLog has previously relied on South Korean yards for its newbuilds. If firmed up, the deal would be the company’s first LNG carrier order placed with a Chinese shipyard.
The post GasLog turns to China for next LNG carrier orders appeared first on Energy News Beat.
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