Hudong-Zhonghua Shipbuilding secured a shipbuilding contract with Malaysia’s MISC for five 174,000 cubic-metre LNG carriers.
With this new deal, Hudong-Zhonghua’s total LNG carrier orderbook stands at 57 vessels, capturing over 21% of the global market share. Measured by cargo tank capacity, the shipbuilder now ranks first worldwide.
Earlier this year, Hudong-Zhonghua had signed two batches of contracts with MISC for 174,000 cubic-metre LNG carriers: an initial order of three vessels followed by a second batch of two ships.
From January to October this year, the yard has won 15 new LNG carrier orders in total, with its production schedule stretched beyond 2030, highlighting its dominant standing in the global LNG shipbuilding market.
The 174,000 cu metre vessels belong to Hudong-Zhonghua’s fifth-generation
“Looking to the global outlook, rising international LNG trade and greater demand for natural gas as a transition fuel amid carbon neutrality goals will sustain demand for new LNG carrier construction. Competition among top global shipyards for LNG carrier orders is no longer merely about vessel numbers. It has expanded into broader areas including next-generation low-carbon ship designs, innovative cargo containment systems and full-lifecycle operation and maintenance services,” stated the shipyard.By building LNG carriers in large batches, Hudong-Zhonghua is accelerating technological iteration and achieving continuous breakthroughs in green ship R&D. The company has developed more than 15 future-oriented green vessel designs to meet mainstream demands of global buyers